refunding bonds
noun[plural]
STOCK MARKETukusnewbondsthatreplaceoldbondsthat havematured(= beenpaidback), and that may besoldforcashorexchangedfor theolderbonds:
The Fund may alsoinvestwithoutlimitinadvancerefundingbonds.
| 单词 | refunding bonds |
| 释义 | refunding bonds noun[plural] STOCK MARKETukusnewbondsthatreplaceoldbondsthat havematured(= beenpaidback), and that may besoldforcashorexchangedfor theolderbonds: The Fund may alsoinvestwithoutlimitinadvancerefundingbonds. Examplesofrefunding bondsrefunding bonds In the spring of 1896, the city proposed to issue $500,000 of itsrefundingbondsin gold. FromProject Gutenberg Refundingbondsare those issued in place of maturing bonds which the company does not wish to pay in cash. FromProject Gutenberg Some of these maturities are paid off in cash--more often,refundingbondsare offered in exchange; seldom, indeed, are the maturing investments allowed to remain unreplaced. FromProject Gutenberg These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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