Advance Refunding

Business, Legal & Accounting Glossary

Definition: Advance Refunding

Advance Refunding

Quick Summary of Advance Refunding

Issuing a longer-maturity bond in order to pay off an earlier bond (usually prior to its maturity), in order to take advantage of a drop in interest rates. also called prerefunding.

Synonyms For Advance Refunding


Related Phrases


Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Advance Refunding. Payroll & Accounting Heaven Ltd.
December 02, 2021
Chicago Manual of Style (CMS):
Advance Refunding. Payroll & Accounting Heaven Ltd. (accessed: December 02, 2021).
American Psychological Association (APA):
Advance Refunding. Retrieved December 02, 2021
, from website:

Definition Sources

Definitions for Advance Refunding are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 29th October, 2021 | 0 Views.