But we're basing it right now on the price of OMG multiplied to the quotient of the projected marketcap to the market cap today.
Definition of refinement. 1  1 : the action or process of refining. 2  2 : the quality or state of being refined : cultivation. 3  3a : a refined feature or methodb : a highly refined distinction : subtletyc : a contrivance or device intended to improve or perfect.
What is 'Refinance'. A refinance occurs when a business or person revises a payment schedule for repaying debt. Mechanically, the old loan is paid off and replaced with a new loan offering different terms. When a company refinances, it typically extends the maturity date.