Definition of "refunding" [refunding]

• Present participle of refund. (verb)

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• "The bank participated in the ECB's first long-term refunding operation, or LTRO, in December, and that most of the proceeds were deposited with the central bank."
• "Could this be repaid, and the High Commission retrieve the sum from the Kenyans later, given that bail refunding is a lengthy process?"
• "With this call the refunding operations were practically at an end for the time."