Definition of re-fund

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< refund

refurbish >

re-fund

-f

) KEY

TRANSITIVE VERB:
re-·fund·ed , re-·fund·ing , re-·funds

To fund anew.
To pay back (a debt) with new borrowing, especially to replace (a bond issue) with a new issue.

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The American Heritage® Dictionary of the English Language, Fourth Edition.
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