Refunding occurs when an entity that has issued callable bonds calls those debt securities from the debt holders with the express purpose of reissuing new debt at a lower coupon rate. In essence, the issue of new, lower-interest debt allows the company to prematurely refund the older, higher-interest debt.
More on [ Refunding ]

Out of Rebates - Advice that helps consumers successfully process and submit rebates.
Meta Description: [ Helps consumers successfully process and submit rebates. ]
Ed Foster's Gripelog - Rebate Bait - Explains how and why the rebate industry, especially on computers or electronic equipment, has (over)grown, and how rebate fulfullment shops make their money.
MyRebates.com - Find, buy and track rebate promotions from top manufacturers in categories such as automotive, computers, electronics, and household.
Meta Description: [ myRebates.com - Rebates on top brands. Setup your FREE account today. What do you have to lose? Other than your rebate check of course! ]
Refund Express - Refunds, coupons and trader ads, refunding articles, toll-free freebies, premium offers and test drives.
Refunding Online - Devoted to the hobbies of refunding and couponing. Includes newbie tips, glossary and manufacturer directory.
SiteForSavings - Money-saving information and opportunities on grocery products, household products and health and beauty items.
SlickDeals.net Forums - Rebates - Discussion of rebate offers and companies and of consumer experiences with them, both good and bad.
Meta Description: [ Need a rebate form or have problems/questions about a rebate or rebate processing center? No spam or self promotion please. ]
Tech Central Station - Shoot the Stupid Consumer - How the mail-in rebate offered by retailers can turn into a consumer nightmare and can legitimately be described as a shady business practice.
Meta Description: [ Clearly, a lot of my fellow consumers are falling for the mail-un-rebate game ]
The Rebate Debate: Why Were They Late? - FTC settles charges against CompUSA for deceptive and unfair product rebate practices.
The Straight Dope: Why are rebate checks drawn on obscure banks in the middle of nowhere? - Answer: it's part of a scheme to delay paying rebates for as long as legally possible.
Meta Description: [ The Straight Dope: Why are rebate checks drawn on obscure banks in the middle of nowhere? ]
| Rep. Bachmann Exposes Federal ACORN Refunding | |
| Next Video | |