municipal note(n = noun.possession) - a municipal debt instrument with a maturity of less than 2 years;
is a kind of note, note of hand, promissory note

bank note, blue note, c note, demand note, eighth note, federal reserve note, government note, grace note, half note, keep note, mental note, municipal, municipal bond, municipal center, municipal government, musical note, nickel note, note, note of hand, note paper, note payable, note receivable, note value, passing note, post note, post-it note, promissory note, quarter note, shipping note, sixteenth note, sixty-fourth note, sour note, strike a note, take note, thirty-second note, time note, treasury note, whole note