refunding bond

noun

Definition of refunding bond

: a bond issued to pay off an outstanding issue

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History and Etymology for refunding bond

refunding from gerund of refund entry 3

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Cite this Entry

“Refunding bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/refunding%20bond. Accessed 28 Jan. 2021.

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