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