Tax exempt security

 

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Tax exempt security

An obligation whose interest is tax-exempt, often called a municipal bond, offered by a country, state, town, or any political district.



Tax exempt security

Similar Matches

Derivative security

Derivative security

A financial security such as an option or future whose value is derived in part from the value and characteristics of another security, the underlying asset.


Social Security benefits

Social Security benefits

Monthly government payments to retired workers or their families who have paid Social Security taxes for a total of 40 quarters or 10 years.


Debt security

Debt security

A security such as a bond or note with specified interest, representing a loan which is repayable at some future date.


Money market security

Money market security

Short-term investment usually of less than one year.


Hybrid security

Hybrid security

A convertible security whose optioned common stock is trading in a middle range, causing the convertible security to trade with the characteristics of both a fixed income security and a common stock instrument.


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