What is the definition of Refunding bonds? | Dictionary.net

REFUNDING BONDS

\ɹɪfˈʌndɪŋ bˈɒndz], \ɹɪfˈʌndɪŋ bˈɒndz], \ɹ_ɪ_f_ˈʌ_n_d_ɪ_ŋ b_ˈɒ_n_d_z]\

Definitions of REFUNDING BONDS

1910 - Black's Law Dictionary (2nd edition)

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New bonds that are issued to retire previously issued bonds. They may be sold for cash or exchanged.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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