Definition of "muni" []

• Municipal. (adjective)
• A municipal bond. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "As money-market funds shrink, so too will financing for businesses (money-market funds hold 36% of commercial paper), state and local governments (57% of short-term muni debt) and banks (21% of large certificates of deposit)."
• "And financial statements in muni-land aren't reviewed by the Securities and Exchange Commission, unlike those of public companies."
• "California accounted for about 4% of new long-term muni debt last year, according to Matt Fabian at Municipal Market Advisors."