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Small-Issue Bond |
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Small-Issue Bond Part of a small municipal bond that is used for private purposes. As a municipal bond, the interest is tax-deductible; however, there is a limit on the amount of debt and number of issues a municipality is allowed to use for private purposes and still qualify for the deduction. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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