municipal note

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Noun1.municipal note - a municipal debt instrument with a maturity of less than 2 years
note of hand, promissory note, note - a promise to pay a specified amount on demand or at a certain time; "I had to co-sign his note at the bank"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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References in periodicals archive
Municipal obligations include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.
Fitch Affirms VMTP Shares Issued by 9 Invesco Closed-End Funds at 'AAA'
However, interest on municipal notes, which are obligations of state and local governments, are not subject to federal tax.
Taking note of the deposit insurance fund: a plan for the FDIC to issue capital notes
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