A bond or preferred stock feature that allows the corporate issuer to buy back the bond prior to maturity or allows the corporate issuer to buy back preferred stock.
(or Called) The issuer's right to redeem outstanding bonds before their scheduled maturity. The dates when an issuer may call bonds are specified in the official statement of every issue that has a call provision in its indenture.
A feature that is usually attached to a preferred stock or a convertible bond, where the company that issues the security has the option to call back in all or part of the outstanding securities prior to the scheduled maturity date, and to pay your money to you at a predetermined amount and rate. (See also: Call Provision)
a provision in the bond whereby the issuer retains the right to repay the investment before maturity
agreement between the buyer and bond issuer detailing the redemption price when the bond is called before maturity
Part of the indenture agreement between the bond issuer and buyer describing the schedule and price of redemption's prior to maturity.
An option on the part of the issuer to redeem a bond issue prior to
A feature of a bond or preferred stock through which it may be retired at the issuer's option by paying a price equal to or slightly higher than either the par or market value.
The part of the agreement of a bond describing the schedule and the price of redemption of a bond before maturity.
A provision in a bond indenture that allows the issuer the option of paying off an obligation, either partially or in full, before the instrument's date of maturity. The issuer is therefore able to retire expensive debt to take advantage of lower interest rates.
(1) A feature of preferred stock through which it may be retired at the corporation's option by a price equal to or slightly higher than either the par or market value. (2) A bond feature, by which all or part of an issue may be redeemed by the corporation before maturity and under certain specified conditions.