Refunding
/rɪˈfʌndɪŋ/
Definitions
- (n.) The act of repaying money previously paid, often related to loans or bonds.
The company announced the refunding of its outstanding bonds at a lower interest rate.
Related terms
See also
Commentary
In legal and financial contexts, 'refunding' typically involves formal processes to refinance or repay obligations; precise terms vary by jurisdiction.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.