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Advance Refunded Bonds:
Bonds whose debt service is paid by escrowed funds. Also called Prerefunded Bonds.
Escrow:
Money or securities held by a third party until conditions of a contract are met.
Learn more about finance terms at Investopedia
Advance Refunded Bonds:
Bonds whose debt service is paid by escrowed funds. Also called Prerefunded Bonds.
Escrow:
Money or securities held by a third party until conditions of a contract are met.
Learn more about finance terms at Investopedia
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