MultipleA stock's multiple is its price-to-earnings ratio (P/E). It's figured by dividing the market price of the stock by its earnings.
Municipal bond (muni)Municipal bonds are debt securities issued by state or local governments or their agencies to finance general governmental activities or special projects.
Municipal bond fundMunicipal bond mutual funds invest in municipal bonds. Earnings from these funds are always free of federal income tax for all shareholders in the fund.
Mutual companyA mutual company is a privately held company owned by its policyholders, depositors, or other customers.
Mutual FundA fund operated by an investment company that raises money from shareholders and invests it in stocks, bonds, options, commodities, or money market…
Mutual Life Insurance CompanyA life insurance company owned by policyholders who share in the company's surplus earnings.