Different companies and industries may have different types of refurbished products. Since the electronics industry doesn't have a firm, widely accepted definition of refurbished, its exact meaning may vary from one product to the next, or one company to the next.ifferent companies and industries may have different types of refurbished products. Since the electronics industry doesn't have a firm, widely accepted definition of refurbished, its exact meaning may vary from one product to the next, or one company to the next.
What is a Reorder Point? A reorder point is the level at which a specific item found within an inventory should be replenished by way of placing an order with a supplier.Watch the Did-You-Know slideshow. Follow @wiseGEEK.hat is a Reorder Point? A reorder point is the level at which a specific item found within an inventory should be replenished by way of placing an order with a supplier.
If you refinance your first mortgage, that lender will require the second mortgage lender to execute a subordination agreement. In a subordination agreement, the second mortgage holder consents to subordinating its loan to the refinanced loan. second mortgage is a loan you take out using your house as security that is junior to another mortgage (a first mortgage). A few common examples of second mortgages are home equity loans and home equity lines of credit (HELOCs).