Evergreen Funding

Business / Finance / Evergreen Funding: Revolving credit without maturity.

Prerefunding

Business / Finance / Prerefunding: Procedure of floating a second bond at a lower interest rate in order to pay off the first bond at the first call date and to reduce overall borrowing costs. MORE

Private Export Funding Corporation (PEFCO)

Business / Finance / Private Export Funding Corporation (PEFCO): Company that mobilizes private capital for financing the export of big-ticket items by U.S. firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers of U.S. p MORE

Plan Funding

Health / Health Insurance / Plan Funding: The method that an employer or other payor or purchaser uses to pay medical benefit costs and administrative expenses. MORE

Net Advantage Of Refunding

Business / Finance / Net Advantage Of Refunding: The net present value of the savings from a refunding. MORE

Low-Coupon Bond Refunding

Business / Finance / Low-Coupon Bond Refunding: Refunding of a low-coupon bond with a new, higher-coupon bond. MORE

Refunding

Business / Finance / Refunding: Redeeming a bond with proceeds received from issuing lower-cost debt obligations with ranking equal to or superior to the debt to be redeemed. MORE

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