municipal note

Also found in: Financial.
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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
1995) (finding that an attorney who issued a legal opinion in connection with a municipal note or bond offering owed a duty to a non-client that would support a claim for negligent misrepresentation when the legal opinion was issued at the request of his client for the purpose of inducing the non-client to purchase municipal bonds issued by the client).
If the FDIC did borrow from the Treasury, it would be subject to some costs, and the automatic increase in bank insurance premiums would probably generate political heat for the FDIC; however, these costs are likely to be less than those faced by corporate and municipal note issuers.
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