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Glossary > M > "Municipal bond insurance" Definition

Municipal bond insurance

In the US, an insurance policy which guarantees a mutual bond in the case of default, issued by private insurers.

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Municipal bond insurance - In the US, an insurance policy which guarantees a mutual bond in the case of default, issued by private insurers.

Municipal bond insurance : in the us, an insurance policy which guarantees a mutual bond in the case of default, issued by private insurers.