advance refunding

Definition

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.

Copyright©2010 by InvestorWords.com. ALL RIGHTS RESERVED.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

refunding -

Popular 'Bonds' Terms

bond
debt/equity ratio
security
market capitalization
finance

yield
surety bond
derivative
debenture
risk

Related Personal Finance Articles

Loading...

advance refunding in the news

Loading...

Enter your email address to get our free Term of the Day newsletter!

Tools

advance refunding is ...

... part of the Bonds subject.

Nearby Terms

ADS
ADV form
advance
advance funded pension plan
advance rate
advance refunding
Advanced Detection System
advance/decline line
adventure capitalist
adverse opinion
advertising

Search volume for advance refunding

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Get our content on your iGoogle page | RSS

RSS

Add this Glossary to your Site | Bookmark InvestorWords.com
Home | Terms by Subject | Keyword Advertising | About Us | Contact Us
Work for InvestorWords.com
BusinessDictionary.com | InvestorGuide.com | WebFinanceInc.com
SportsDefinitions.com
Disclaimer and Copyright©