See Also: Senior refunding(money)
Senior refunding(finance)
unpressed(1)(dictionary)
unpressed(2)(dictionary)
Refunding(finance)
Refunding(money)
Junior refunding(finance)
Advance refunding(finance)
Junior refunding(money)
Advance refunding(money)

unpressed(1) (iou) and Senior refunding (finance)


unpressed(1) (iou)



unpressed adjective1. M16.
[from UN-1 + pressed pa. pple of PRESS verb1.]
Not pressed or squeezed; not subjected to pressure; (of a garment) not ironed. M16.
Not obtained by pressing. M17.

Senior refunding (finance)


Replacement by the issuer of securities with 5-to 12-year maturities with securities of 15-year or longer maturities, in order to delay, reduce, or consolidate payment.