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LSDefine

Simple English definitions for legal terms

refunding

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A quick definition of refunding:

Refunding: Refunding is when you pay back money that you borrowed before you were supposed to. It's like getting a refund for something you bought, but instead of getting money back, you're paying back money you borrowed. This can help you save money by getting a better interest rate or by extending the time you have to pay back the loan.

A more thorough explanation:

Definition: Refunding is the process of refinancing a debt before it matures. It involves issuing new debt to pay off the old debt, usually at a lower interest rate.

Examples:

  • A company has a bond that will mature in 10 years with an interest rate of 5%. However, interest rates have dropped, and the company can now issue new bonds at a lower rate of 3%. The company decides to issue new bonds to pay off the old ones, saving money on interest payments. This is an example of refunding.
  • A city has a loan that it took out to build a new stadium. The loan has a high interest rate, and the city is struggling to make the payments. The city decides to issue new bonds at a lower interest rate to pay off the old loan. This is an example of refunding.

These examples illustrate how refunding can help organizations save money on interest payments by refinancing their debt at a lower rate. This can free up funds for other expenses or investments.

refund annuity | refusal

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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