Meaning REFUND: To retire existing bond issues through the sale of a new bond issue, usually to reduce the interest rate being paid
More terms such as Refund in Dictionary R.
- Definition Residual Value:
- Examples Usually refers to the value of a lessor's property at the time the lease expires refund definition.
- Definition Revenue Fund:
- Examples A fund accounting for all revenues from an enterprise financed by a municipal revenue bond refund explain.
- Definition Reported Factor:
- Examples The pool factor as reported by the bond buyer for a given amortization period refund what is.
- Definition Real Market:
- Examples The bid and offer prices at which a dealer could execute the desired quantity of shares. Quotes in the brokers market refund meaning.
- Definition Revenue Anticipation Note (RAN):
- Examples A short-term municipal debt issue that will be repaid with anticipated revenues, such as sales taxes, from the project refund abbreviation.
