Meaning NONREFUNDABLE: Not permitted, under the terms of an indenture, to be refundable
More terms such as Nonrefundable in Dictionary N.
- Definition Nonsystematic Risk:
- Examples Nonmarket or firm-specific risk factors that can be eliminated by diversification. Also called unique risk or diversifiable risk. Systematic risk refers to risk factors common to the entire economy nonrefundable definition.
- Definition Nominal Exercise Price:
- Examples The exercise price of a GNMA option contract, which equals the unpaid principal balance multiplied by the adjusted exercise price nonrefundable explain.
- Definition Near Money:
- Examples Assets that are easily convertible into cash, such as money market accounts and bank deposits nonrefundable what is.
- Definition Net Advantage To Leasing:
- Examples The net present value of entering into a lease financing arrangement rather than borrowing the necessary funds and buying the asset nonrefundable meaning.
- Definition Noninsured Plans:
- Examples Defined benefit pension plans that are not guaranteed by life insurance products. Related: Insured plans nonrefundable abbreviation.
