Meaning PREREFUNDING: Procedure of floating a second bond at a lower interest rate in order to pay off the first bond at the first call date and to reduce overall borrowing costs
More terms such as Prerefunding in Dictionary P.
- Definition Player:
- Examples Used in the context of general equities. Customer or trader who is actively involved in a particular stock or the market in general prerefunding definition.
- Definition Projected Benefit Obligation (PBO):
- Examples A measure of a pension plan's liability at the calculation date assuming that the plan is ongoing and will not terminate in the foreseeable future. Related: Accumulated benefit obligation prerefunding explain.
- Definition Policy Asset Allocation:
- Examples Way in which an investor seeks to assess an appropriate long-term normal mix of assets that represents an ideal blend of controlled risk and enhanced return prerefunding what is.
- Definition Positive Carry:
- Examples Related: Net financing cost prerefunding meaning.
- Definition Periodic Purchase Deferred Contract:
- Examples A fixed or variable annuity contract for which fixed-amount premiums are paid either monthly or quarterly, and that does not begin paying out until a time elected by the annuitant prerefunding abbreviation.
