Refund

Business / Accounting / Refund: If you return some goods you have just bought (for whatever reason), the company you bought them from may give you your money back. This is called a 'refund'.
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Net Advantage Of Refunding

Business / Finance / Net Advantage Of Refunding: The net present value of the savings from a refunding. MORE

Stopping Curve Refunding Rate

Business / Finance / Stopping Curve Refunding Rate: A curve showing the refunding rates for different times at which the expected value of refunding immediately equals the expected value of waiting to refund. MORE

Low-Coupon Bond Refunding

Business / Finance / Low-Coupon Bond Refunding: Refunding of a low-coupon bond with a new, higher-coupon bond. MORE

Advance Refunding

Business / Finance / Advance Refunding: In the context of municipal bonds, refers to the sale of new bonds (the refunding issue) before the first call date of old bonds (the issue to be refunded). The refunding issue usually specifies a rat MORE

Prerefunded Bond

Business / Finance / Prerefunded Bond: Refunded bond. MORE

Refunded Bond

Business / Finance / Refunded Bond: Also called a prerefunded bond, a bond that originally may have been issued as a general obligation or revenue bond but that is now secured by an escrow fund consisting entirely of direct U.S. governm MORE