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Refund
(redirected from refunds)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia 0.01 sec.
Refund
To retire existing bond issues through the sale of a new bond issue, usually to reduce the interest rate being paid.
Refund
1. See: Tax refund.

2. The sale price of an asset that the seller may give back to the buyer if the buyer returns the asset.

3. See: Redeem.

4. See: Refunding.
refund
To retire securities with the funds that have been raised through the sale of a new security issue. Refunding usually occurs after a period of falling interest rates when firms issue new debt in order to retire existing debt having high coupon rates of interest. Refunding works to the disadvantage of existing bondholders, who must sell their securities before maturity (usually at a slight premium over face value) when proceeds can only be reinvested at a reduced yield. Also called refinance. See also call provision, nonrefundable, prerefunded bond.
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One of the many things that consumers are looking for are excellent warranties and refunds before they commit to any purchase.
Offering Great Warranties and Refunds Can Increase Your Online Sales by Paul Han / Business community
The new regulations allow colleges to adopt a policy to disburse all financial aid refunds electronically.
In Michigan, e-refunds put a school on the leading edge of financial ... by University Business
In addition to consuming valuable and often scarce back office resources, the process for issuing refunds can cause your organization numerous problems, including: Fraud exposure.
Is refund processing creating a bottleneck in your AR and AP ... by Busch, Leon J. / Treasury & Risk
 
 
 
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