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Municipal Bond
A municipal bond is a debt security issued by a city, municipality, or county to finance its capital expenditures.
Corporate Bond
A debt security issued by a corporation to raise capital, promising to pay back the borrowed money plus interest at specified future dates.
Ask Price
The lowest price a seller is willing to accept for an asset in a financial market.
Bid Price
The price at which a buyer is willing to purchase a security or commodity.
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