Glossary of Municipal Securities Terms

Second Edition (January 2004)

This glossary of terms used in the municipal securities industry is a complete revision of the MSRB's 1985 glossary (known as the “purple book”), which was itself an adaptation from the Glossary of Municipal Bond Terms published by the Division of Bond Finance of the State of Florida in 1983.

Preface and Acknowledgements

How to Use the Glossary

Alphabetical Listing of Terms

Click on a letter below to view all defined terms beginning with that letter:

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Search for Terms

Search for terms defined in the Glossary:

Full text search for words used within the Glossary:

Feedback

Contact us with any suggested corrections, additions or deletions for the Glossary. (Do not use this link to submit questions or information unrelated to the Glossary or that require a timely response.)