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The Replacement of an Existing Bond Issue with a New

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The replacement of an existing bond issue with a new one is called refunding.


Definitions:

Job Skills Test

An examination designed to measure a person's abilities and competencies in a specific role or profession.

Polygraph Testing

A lie detector test that measures physiological responses to questions to determine the truthfulness of answers.

Job Sample Simulation

A testing method used in employee selection that involves giving the candidate a task or set of tasks to perform that are representative of the actual job.

Structured Interview

An interviewing technique where all participants are asked the same set of predetermined questions for consistency and comparability of responses.

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