Municipal Improvement Certificate

Business / Finance / Municipal Improvement Certificate: A certificate used to finance local government projects and services that are financed by a special tax assessment. Its interest is tax-free.

Other Words for Improvement

Improvement Noun Synonyms: advance, change for the better
Improvement Verb Synonyms: betterment, amelioration, reform, rehabilitation, upgrading, enhancement, repair
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Other Words for Municipal

Municipal Noun Synonyms: civic, civil, metropolitan, urban, city, town, village, borough, parish, council
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Municipal Notes

Business / Finance / Municipal Notes: Short-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues. MORE

Municipal Investment Trust (MIT)

Business / Finance / Municipal Investment Trust (MIT): A unit investment trust that buys municipal bonds and usually holds them until maturity, passing the bond income on to shareholders, usually tax-free. MORE

Municipal Improvement Certificate

Business / Finance / Municipal Improvement Certificate: A certificate used to finance local government projects and services that are financed by a special tax assessment. Its interest is tax-free. MORE

Municipal Revenue Bond

Business / Finance / Municipal Revenue Bond: A bond issued to finance a public project that is funded by receipts from the project's operation. MORE

Negotiated Certificate Of Deposit

Business / Finance / Negotiated Certificate Of Deposit: A large-denomination CD, generally $1MM or more, that can be sold but cannot be cashed in before maturity. MORE

Participation Certificates

Business / Real Estate / Participation Certificates: Certificates issued by Freddie Mac backed by pools of mortgages. MORE

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