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bond certificate vs municipal bond

municipal bond vs bond certificate

bond certificate and municipal bond both are nouns.

Word NounAdjectiveVerbAdverb
bond certificate Yes No No No
municipal bond Yes No No No
As nouns, municipal bond is a hyponym of bond certificate; that is, municipal bond is a word with a more specific, narrower meaning than bond certificate:
  • bond certificate: a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
  • municipal bond: a bond issued by a state or local government
bond certificate (noun) municipal bond (noun)
a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal a bond issued by a state or local government
Difference between bond certificate and municipal bond

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