Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Federal Farm Credit Banks Funding Corporation
A federal corporation that manages the sale of federal farm-credit-system securities in the money and capital markets and also provides advisory services to banks in the federal farm credit system.
Funding
n. 1. The process of financing capital expenditures by issuing long-term debt obligations or by converting short-term obligations into long-term obligations to finance current expenses; the process of creating a funded debt. 2. The refinancing of a debt before its maturity. - Also termed refunding. 3. The provision or allocation of money for a specific purpose, such as for a pension plan, by putting the money into a reserve fund or investments. 4. The provision of financial resources to finance a particular activity or project, such as a research study.
Refunding
See FUNDING.
re-funding bond
A bond that retires an outstanding bond.
refunding bond
See BOND (2).
refunding bond.
A bond given to assure an executor that a legatee will return an estate distribution should the remaining estate assets be insufficient to pay the other legacies.