Refunding

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Also found in: Financial.

Refunding

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: compensatory
References in periodicals archive ?
The Airport expects to price and close the bond refunding in November 2016.
New for the fifth edition, all the cases have been updated, with new exhibits and contemporary subjects, two new cases have been added, giving students the opportunity to examine bond refunding and revenue cycle management, and a new mini-case dealing with physician-owned distributors and potential ethical issues has been added as well.
Establishing a steering committee with weekly meetings should be the standard approach for any bond refunding, and this step is usually implemented in varying degrees.
After a municipal bond refunding, the issuer uses the proceeds of the new issue to purchase highly rated collateral, such as U.
Appoint budget committee members; approve 2010-11 board goals; enrollment report; approve budget calendar; pension bond refunding presentation; discuss rate increases for Public Employees Retirement System; report on West Lane Tech.
The Event The Town Decides To Proceed With A Bond Refunding, The Financial Advisor Shall:
Manage the bond refunding process and negotiate key business points to accomplish the City s objectives.