Adjective
(comparative more nonrefundable, superlative most nonrefundable)
- Not refundable; not able to be refunded.
non-refundable
English Wiktionary. Available under CC-BY-SA license.
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MLA Style
"non-refundable." YourDictionary, n.d. Web. 15 January 2019. <https://www.yourdictionary.com/non-refundable>.
APA Style
non-refundable. (n.d.). Retrieved January 15th, 2019, from https://www.yourdictionary.com/non-refundable
non-refundable - Investment & Finance Definition
A provision in a bond indenture that stops or limits the issuer from retiring the bonds by using proceeds from another issue, which is called a refunding. Non-refundable bonds protect bondholders from having their bonds called and thus losing out on interest payments. Also called call protection.
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
Link to this page
Cite this page
MLA Style
"non-refundable." YourDictionary, n.d. Web. 15 January 2019. <https://www.yourdictionary.com/non-refundable>.
APA Style
non-refundable. (n.d.). Retrieved January 15th, 2019, from https://www.yourdictionary.com/non-refundable
