Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

refunding

Read a random definition: equal-footing doctrine

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

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
1a2b3c4d26z
13:26
real ones shop at bergdorf
13:28
real ones shop at YMH
triplethread
13:28
i missed another fordham wave
triplethread
13:28
mamas getting denied
JumpySubsequentDolphin
13:29
the bergdorf on 5th Ave in NYC is so
JumpySubsequentDolphin
13:29
it feels like home
Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
13:29
I shop at Joe
HopefullyInLawSchool
13:29
Joe's
glovediedthisishismom
13:30
i shop at tawget
glovediedthisishismom
13:30
im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
LSD+ is ad-free, with DMs, discounts, case briefs & more.