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TeachMeFinance.com - explain Investment of municipality Investment of municipality The term 'Investment of municipality' as it applies to the area of energy can be defined as ' The investment of the municipality in its utility department, when such investment is not subject to cash settlement on demand or at a fixed future time. Include the cost of debt-free utility plant constructed or acquired by the municipality and made available for the use of the utility department, cash transferred to the utility department for working capital, and other expenditures of an investment nature'. Previous 5 Terms: invertebrate Invertebrates Inverter (Power Conditioning Unit, PCU, or Power Conditioning System, PCS) investigation investigational new drug Next 5 Terms: Investments and advances to unconsolidated affiliates Investor owned utility (IOU) Investor-owned utility (IOU) INVOF involuntary About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.