adj. 1. a. Of, relating to, or typical of a municipality. b. Having local self-government. c. Issued on the authority of a local or state government. 2. Of or relating to the internal affairs of a nation. n. A municipal bond: invested in tax-free municipals. [Latin mūnicipālis, from mūnicipium, town, from mūniceps, citizen : mūnus, public office, duty; see mei-1 in the Appendix of Indo-European roots + capere, to take; see kap- in the Appendix of Indo-European roots.] mu·nici·pal·ly adv. |
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