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refunding |
Also found in: Financial, Wikipedia | 0.03 sec. |
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Reimbursing funds in restitution or repayment. The process of refinancing or borrowing money, ordinarily through the sale of bonds, to pay off an existing debt with the proceeds derived therefrom. See also: compensatory How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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However, the series 2006A and series 2006B debt refunding and restructuring continues the authority's efforts beginning in 2004 to incrementally establish a more level Following the issuance of the series 2006 bonds and the debt refunding, UMass will have approximately $1. Although debt refunding issues this year will restructure some principal maturities, overall debt amortization remains rapid at 88% in 10 years. |
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