tax exempt bond
A bond that pays tax-free interest. [Cases: Internal Revenue 3132.10; Taxation 992. C.J.S. Internal Revenue §§ 94, 98; Taxation § 1723.]
A bond that pays tax-free interest. [Cases: Internal Revenue 3132.10; Taxation 992. C.J.S. Internal Revenue §§ 94, 98; Taxation § 1723.]