HomeDefinitionsCompareDebt Refunded bondThe financial definition for Refunded bond:Also called a prerefunded bond, a bond that originally may have been issued as a general obligation or revenue bond but that is now secured by an escrow fund consisting entirely of direct U.S. government obligations that are sufficient for paying the bondholders. Similar MatchesPrerefunded bondPrerefunded bondRefunded bond. Click to compare definitions of Refunded bond Click to view definitions beginning re |