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


prerefunding


Related Phrases


refunding


Cite Term


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https://payrollheaven.com/define/advance-refunding/
Modern Language Association (MLA):
Advance Refunding. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 02, 2021 https://payrollheaven.com/define/advance-refunding/.
Chicago Manual of Style (CMS):
Advance Refunding. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/advance-refunding/ (accessed: December 02, 2021).
American Psychological Association (APA):
Advance Refunding. PayrollHeaven.com. Retrieved December 02, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/advance-refunding/

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.