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Glossary > T > "Tax-exempt sector" Definition

Tax-exempt sector

The municipal bond market where state and local governments raise funds. Bonds issued in this sector are exempt from federal income taxes.

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Tax-exempt sector - The municipal bond market where state and local governments raise funds. Bonds issued in this sector are exempt from federal income taxes.

Tax-exempt sector : the municipal bond market where state and local governments raise funds. bonds issued in this sector are exempt from federal income taxes.