Business / Taxes / Municipal Bond Fund: Municipal bond mutual funds invest in municipal bonds. Earnings from these funds are always free of federal income tax for all shareholders in the fund. In addition, some mutual fund companies offer funds that invest exclusively in municipal bonds offered by a single state. One advantage of muni bond funds is that buyers can invest a much smaller amount of money than they would need to buy a municipal bond on their own. Another advantage of these funds is that they pay income monthly rather than semi-annually.
Bond Verb Synonyms: cement, bind, hold together, stick, cohere
Bond Noun Synonyms: tie(s), shackles, chains, fetters, manacles, handcuffs, trammels, thongs, cord(s), rope(s), restraint(s), constraint(s), check(s), control(s), rein(s)
Fund Noun Synonyms: finance, back, capitalize, stake, support, pay for, endow, grant, subsidize
Fund Adjective Synonyms: supply, stock, reserve, store, pool, cache, reservoir, repository, mine
Municipal Noun Synonyms: civic, civil, metropolitan, urban, city, town, village, borough, parish, council
Business / Finance / Pension Fund: A fund set up to pay the pension benefits of a company's workers after retirement. MORE
Business / Real Estate / Pension Funds: Pension funds usually have large amounts of money available for investment. Because of the comparatively high yields and low risks offered by mortgages, pension funds have begun to participate activel MORE