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Politics
1) Social relations involving authority or power. 2) The art or science of governing.
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municipal bond
Financial services; General Finance
State or local governments offer muni bonds or municipals, as they are called, to pay for special projects such as highways or sewers. The interest that investors receive is ...
market maker
Financial services; General Finance
Used in the context of general equities. One who maintains firm bid and offer prices in a given security by standing ready to buy or sell round lots at publicly quoted prices. ...
municipal bond insurance
Financial services; General Finance
An insurance policy which guarantees payment on municipal bonds in the event of default .
municipal bond fund
Financial services; General Finance
A mutual fund that invests in tax-exempt bonds issued by state, city, and/or local governments. The interest obtained from these bonds is passed through to shareholders and is ...
market model
Financial services; General Finance
The market model says that the return on a security depends on the return on the market portfolio and the extent of the security's responsiveness as measured by beta. The return ...
