TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

muni fund [1 record]

Record 1 2021-01-19

English

Subject field(s)
  • Investment
  • Taxation
CONT

Municipal bond funds are mutual funds that focus on the municipal sector of the fixed-income market. Munis are issued by state and local governments in order to finance day-to-day activities or special projects. Generally, munis are not subject to federal taxes.

OBS

municipal bond fund; municipal investment trust; muni fund: designations extracted from the "OECD Economics Glossary: English-French" and reproduced with the permission of the Organisation for Economic Co-operation and Development.

French

Domaine(s)
  • Investissements et placements
  • Fiscalité
OBS

fonds commun en obligations de collectivités locales : désignation extraite du «Glossaire de l'économie de l'OCDE : anglais-français» et reproduit avec l'autorisation de l'Organisation de coopération et de développement économiques.

Spanish

Campo(s) temático(s)
  • Inversiones
  • Sistema tributario
CONT

La principal ventaja de adquirir una participación en un fondo de bonos municipales es que se disminuye el riesgo crediticio al diversificar entre distintos emisores.

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