What is the meaning of Tax-exempt security?

Tax-exempt security is an obligation whose interest is tax-exempt, often called a municipal bond, offered by a country, state, town, or any political district.

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APABarry Goldsmith. (2010). tax-exempt security. Retrieved September 27, 2026, from http://smartdefine.org/tax-exempt_security/definitions/1164956
ChicagoBarry Goldsmith. 2010. "tax-exempt security" http://smartdefine.org/tax-exempt_security/definitions/1164956 (accessed September 27, 2026).
HarvardBarry Goldsmith 2010, tax-exempt security, Smart Define, viewed 27 September, 2026, <http://smartdefine.org/tax-exempt_security/definitions/1164956>.
MLABarry Goldsmith. "tax-exempt security" 21 October 2010. Web. 27 September 2026. <http://smartdefine.org/tax-exempt_security/definitions/1164956>
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