See Also: glaciate(dictionary)
glaciate(medicine)
Exempt(money)
Tax Exempt(money)
tax exempt(dictionary)
exempt(2)(dictionary)
Exempt(law)
exempt(1)(dictionary)
Triple tax-exempt(money)
Tax exempt income(finance)

Tax exempt sector (finance) and glaciate (iou)


Tax exempt sector (finance)


The municipal bond market where state and local governments raise funds. Bonds issued in this sector are exempt from federal income taxes.





glaciate (iou)



glaciate verb. E17.
[Latin glaciat- pa. ppl stem of glaciare freeze, from glacies ice: see -ATE3.]
verb trans. & intrans. Freeze. Long rare or obsolete (chiefly in Dicts.). E17.
verb trans. Geology. Mark or polish by the action of ice; cover with glaciers or ice sheets. Chiefly as glaciated ppl adjective. M19.
F. Hoyle Ice ages are not all-or-nothing affairs that glaciate the entire earth.
glaci'ation noun (a) (a result of) the process of freezing; (b) Geology the action, condition, or result of being covered by glaciers or ice sheets: M17.