IPA: /ˈmjuːni/
KK: /ˈmjuːni/
Relating to a city or town and its local government.
The muni budget was approved by the city council.
A type of bond issued by a local government or municipality to finance public projects.
Investors often buy muni bonds to support local infrastructure while earning interest.
This word originates from Latin 'muni-', which is a root form of 'munire', meaning to fortify or strengthen. It is often associated with the concept of public service or community.
Think of 'muni' as related to 'fortifying' or 'strengthening' a community, which helps you remember that it often refers to public services.