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Meaning of prerefunded | Babel Free

Adjective CEFR C1

Definitions

That the issuer agrees, in advance, to buy back before its scheduled maturity date

not-comparable

Examples

“Only now are they looking to invest in safe assets, like prerefunded bonds secured by United States government obligations.”

CEFR level

C1

Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

preregistered preregistration preregular preregulation prerehearsal prerejection