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

Fixed dollar security

Fixed dollar security

A nonnegotiable debt security that can be redeemed at some fixed price or according to some schedule of fixed values, e.g., bank deposits and government savings bonds.


Social Security Disability Income Insurance

Social Security Disability Income Insurance

Program financed by the Social Security tax to provide assistance to disabled individuals with disabilities expected to last at least one year, to compensate for lost income.


Nonmarketable security

Nonmarketable security

Securities that cannot be easily bought and sold.


Security deposit (initial)

Security deposit (initial)

Synonymous with the term margin. A cash amount that must be deposited with the broker for each contract as a guarantee of fulfillment of the futures contract. It is not considered as part payment or purchase. Related: Margin.


Security

Security

A financial asset such as a share or bond.An asset which is offered by a borrower to a lender to safeguard a loan.


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Monthly income preferred security (MIP)


 
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