own munis

USAGE SUMMARY

The phrase "own munis" is not standard or widely recognized in written English.
It may be used in specific contexts related to finance or municipal bonds, but clarity is essential for effective communication. Example: "Investors often prefer to buy their own munis to take advantage of tax benefits."

News & Media

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

The people who own munis tend to be older, safety-conscious investors looking for current income, said Ric Edelman, chairman and chief executive of Edelman Financial Services.

The Washington Post

"What do I do if I needed the money for college tuition?" While people who own munis issued by the state where they pay taxes get a bigger tax break then those who hold the bonds of another state, there is a greater case now to forgo some of that tax benefit for broader diversification.

The New York Times

Own munis.

Forbes

If you want to own munis but don't want to spend all your time thinking about Chapter 9, buy New York State Dormitory Authority's Personal Income Tax (PIT) revenue bonds.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

You can earn almost as much aftertax by owning munis in an undeferred account as Treasurys in a tax-protected one.

Forbes

If you own these munis, do not sell now.

Forbes

But some of Lipner's clients have found that they owned muni-bond funds that owned a whole bunch of stuff, except actual munis.

Forbes

"Investors who owned tax-backed and essential service munis," a Fitch Ratings study on defaults explained, "generally received full recovery in a default situation".

Forbes

He likes the potential gain from munis so much that 40percentt of his own 401(k) is invested in them, even though they are already tax-exempt.

The New York Times

(Out-of-state munis are exempt from federal taxes but not from your own state's taxes; in-state bonds are free of both).

Forbes

(Out-of-state munis are exempt from federal taxes but not from your own state's taxes; in-state bonds are free of both). The Vanguard California Tax Exempt Money Market fund yields 2% on a seven-day SEC yield--the Securities & Exchange Commission's mandated return figure, figuring in things like price changes to maturity, thus giving you a better picture of what you are earning.

Forbes

Expert writing Tips

Best practice

When discussing municipal bonds, use standard financial terms like "invest in municipal bonds" or "hold municipal securities" for clarity and professionalism.

Common error

While "munis" is a common abbreviation, using phrases like "own munis" may sound too informal for financial contexts. Opt for more precise language.

Linguistic Context

The phrase "own munis" functions as a verb-object construction, where "own" is the verb and "munis" (an abbreviation for municipal bonds) is the object. Ludwig indicates this phrase is not standard, suggesting a preference for more formal alternatives.

Expression frequency: Rare

Frequent in

News & Media

100%

Less common in

Academia

0%

Formal & Business

0%

Science

0%

Ludwig's WRAP-UP

In summary, while understandable, the phrase "own munis" is not a standard or widely recognized term in financial discourse. Ludwig identifies it as acceptable but suggests that it may be perceived as informal. Standard alternatives, such as "invest in municipal bonds" or "hold municipal securities", are preferred for greater clarity and professionalism. The phrase is primarily found in News & Media sources. To enhance clarity and professionalism, especially in financial contexts, it is best to opt for more formal and explicit language.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

invest in municipal bonds

Focuses on the action of investing rather than direct ownership, a more common financial term.

hold municipal securities

Uses the term "securities" which is more precise and formal than "munis".

possess municipal bonds

Replaces "own" with "possess", which implies legal ownership.

have municipal bonds in portfolio

Specifies the context as part of an investment portfolio.

maintain a position in municipal debt

Uses "municipal debt" for specificity and "maintain a position" for ongoing investment.

acquire municipal bonds

Emphasizes the act of obtaining municipal bonds.

be a municipal bondholder

Focuses on the role of the investor as a bondholder.

control municipal bonds

Implies having the power to manage or direct these investments.

personally hold munis

Adds emphasis on the individual's direct holding of the bonds.

directly own municipal debt

Highlights direct ownership of the debt instrument.

FAQs

What does it mean to "own munis"?

To "own munis" means to possess municipal bonds, which are debt securities issued by state and local governments. A more common way to phrase this is to "invest in municipal bonds".

Is "own munis" grammatically correct?

While understandable, "own munis" is not a standard phrase. It's better to use more formal language such as "hold municipal securities" or "possess municipal bonds".

What are some alternatives to "own munis"?

You can use alternatives like "invest in municipal bonds", "hold municipal securities", or "be a municipal bondholder" depending on the context.

Why is it better to say "invest in municipal bonds" instead of "own munis"?

Using "invest in municipal bonds" is clearer and more professional. It directly conveys the action of putting money into these securities, whereas "own munis" might sound too casual or incomplete.