The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

NET ADVANTAGE OF REFUNDING Definition & Legal Meaning

Definition & Citations:

Future earnings’ value in current money a business or individual saves with a refund from a bond redemption prior to its maturity and a lower-cost bond reissuing.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.