Meaning MUTUAL EXCLUSION DOCTRINE: The tenet that rules municipal bond interest is federal tax-free. In return for this federal tax exemption, states and localities cannot tax interest generated by federal government securities
More terms such as Mutual exclusion doctrine in Dictionary M.
- Definition Market Capitalization Rate:
- Examples Expected return on a security. The market-consensus estimate of the appropriate discount rate for a firm's cash flow mutual exclusion doctrine definition.
- Definition Mortgage Pipeline Risk:
- Examples The risk associated with taking applications from prospective mortgage borrowers who may opt to decline to accept a quoted mortgage rate within a certain grace period mutual exclusion doctrine explain.
- Definition Mortgage REIT:
- Examples An REIT that invests in loans secured by real estate that derives income from mortgage interest and fees mutual exclusion doctrine what is.
- Definition Monetary Indicators:
- Examples Economic indicators of the effects of monetary policy, such as the condition of the credit market mutual exclusion doctrine meaning.
- Definition Multicurrency Clause:
- Examples An agreement in the case of a Euro loan that permits the borrower to switch from one currency to another currency on a rollover date mutual exclusion doctrine abbreviation.
