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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 all C1 English words →

See also

preregistered preregistration preregular preregulation prerehearsal prerejection

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