| 释义 |
refundable
re·fund R0120900 (rĭ-fŭnd′, rē′fŭnd′)v. re·fund·ed, re·fund·ing, re·funds v.tr. To give back, especially money; return or repay: refunded the purchase price.v.intr. To make repayment.n. (rē′fŭnd′)1. A repayment of funds.2. An amount repaid.
[Middle English refunden, from Old French refunder, from Latin refundere : re-, re- + fundere, to pour; see gheu- in Indo-European roots.]
re·fund′a·ble adj.re·fund′er n.re·fund′ment n.Translations
EncyclopediaSeerefundLegalSeeRefundRefundable
RefundableEligible for refunding under the terms of a bond indenture.RefundableA bond that may be retired before maturity. Nonrefundable bonds does not protect bondholders from the risk that the issuer may effectively refinance a bond at a lower interest rate, which exposes bondholders to the risk that they could be deprived of coupon payments to which they would otherwise be entitled. Most bonds are nonrefundable for at least five or 10 years after issue but may become refundable afterward. See also: Refundable tax credit. |