Examlex
In Java, the symbol "=" and the symbol "==" are used synonymously (interchangeably).
Debt Refunding
The process of replacing old debt with new debt, often to take advantage of more favorable borrowing terms or interest rates.
NPV
Net Present Value; a financial metric used to evaluate the profitability of an investment, calculating the difference between the present value of cash inflows and outflows over a period of time.
Interest Rates
The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets. Interest rates are typically noted on an annual basis, known as the annual percentage rate (APR).
After-Tax Annual Interest Savings
The amount of money saved annually on interest payments after accounting for the effects of taxes, often referenced in discussions of debt refinancing or consolidation.
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