CUSTODIAN BANK is the bank that acts a custodian to a mutual fund. Does not manage anything, just holds the cash and securities and does the clerical.
REFUNDING is redeeming a bond with proceeds received from issuing lower-cost debt obligations with ranking equal to or superior to the debt to be redeemed.
REMITTING BANK is a bank that sends a draft to the overseas bank for collection.
Enter a term, then click the entry you would like to view.