Definition of new money

1. deposit of funds into a new account, often representing money transferred from another bank.
2. in a U.S. Treasury refunding, the amount by which the par value of securities offered exceeds that of maturing obligations.

amount of additional long-term financing provided to a company or government by a new issue or issues in excess of the amount of a maturing issue or by issues that are being refunded.

amount of additional long-term financing provided by a new issue or issues in excess of the amount of a maturing issue or by issues that are being refunded.