Examlex
Translate the term phacoscope as literally as possible.
Municipal Bonds
Municipal bonds are debt securities issued by states, cities, and other governmental entities to fund public projects, and typically offer tax-free interest payments to investors.
Tax-exempt Interest
Interest income that is not subject to federal income tax, often received from bonds issued by state and municipalities.
Bonds Issued
Debt securities released by entities such as corporations or governments to raise capital.
Local Government
The administration governing a specific local area such as a city, town, or county, responsible for providing local services and infrastructure and may have its own tax collection policies.
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