The Law Dictionary

MUNICIPAL

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

"Municipal" signifies that which belongs to a corporation or a city. The term includes the rules or laws by which a particular district, community, or nation is governed. It may also mean local, particular, independent. Horton y. Mobile School Com'rs, 43 Ala. 598. "Municipal," in one of its meanings, is used in opposition to "international," and denotes that which pertains or … [Read more...]

MUNICIPAL BONDS

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Securities that are sold by a local government entity in order to raise money for public projects. … [Read more...]

MUNICIPAL CORPORATION

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A public corporation, created by government for political purposes, and having subordinate and local powers of legislation; e. p., a county, town, city, etc. 2 Kent, Comm. 275. An incorporation of persons, inhabitants of a particular place, or connected with a particular district, enabling them to conduct its local civil government Glov. Mun. Corp. 1. In English law. A body of … [Read more...]

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