Definitions for "moral obligation bond"
A type of state-issued municipal bond which is backed by a moral, but not a legal, obligation.
A tax-exempt bond issued by a municipality or a state financial intermediary that is backed by the moral, but not legal, obligation of a state government to appropriate funds in case of default.
A municipal security that is not backed by the full faith and credit of the Issuer, but state law permits the Issuer or other government entity to recognize a moral, rather than a legal, obligation to provide a means of payment of the security.
Keywords:  msci, stanley, morgan, emerging, global
Morgan Stanley Capital International (MSCI) Morgan Stanley Capital International Emerging Markets Global Index