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Define
Definitions for
"Nonrefundable"
Keywords:
indenture
,
refunding
,
prohibits
,
issuer
,
subsequent
Condition in a bond indenture which prohibits or restricts the ability of the issuer to retire the bond through a subsequent issue ( refunding).
199.96.2.123
Not permitted, under the terms of indenture, to be refundable.
biz.yahoo.com
Keywords:
unused
,
ticket
,
flight
,
once
,
departed
Refers to a ticket that if unused has no value once the flight has departed.
evv.skyharbors.com