callable bonds

callable bonds
See redeemable bonds.

Ballentine's law dictionary. . 1998.

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  • callable bonds — Bonds which may be called for payment before their maturity. A bond for which the issuer reserves the right to pay a specific amount, the call price, to retire the obligation before maturity date. If the issuer agrees to pay more than the face… …   Black's law dictionary

  • callable bonds — Bonds which may be called for payment before their maturity. A bond for which the issuer reserves the right to pay a specific amount, the call price, to retire the obligation before maturity date. If the issuer agrees to pay more than the face… …   Black's law dictionary

  • callable bonds — Fixed rate bonds, usually convertibles, in which the issuer has the right, but not the obligation, to redeem (call) the bond during the life of the bond. A grace period during which the borrower is unable to call the bond will usually be included …   Big dictionary of business and management

  • callable bonds — Fixed rate bonds, usually convertibles, in which the issuer has the right, but not the obligation, to redeem (call) the bond at par during the life of the bond. The call exercise price may be at par, although it is usually set at a premium. A… …   Accounting dictionary

  • Callable bond — is a type of bond that allows the issuer of the bond to retain the privilege of redeeming the bond at some point before the bond reaches the date of maturity. [ [http://www.wisegeek.com/what is a callable bond.htm What is a Callable Bond?] ] In… …   Wikipedia

  • callable — adj. subject to a demand for payment or redemption before the due date; of financial instruments; as, callable bonds. [WordNet 1.5] …   The Collaborative International Dictionary of English

  • callable — Applies mainly to convertible securities ( convertible security). redeemable by the issuer before the scheduled maturity under specific conditions and at a stated price ( stated value), which usually begins at a premium to par and declines… …   Financial and business terms

  • Callable — A financial security such as a bond with a call option attached to it, i.e., the issuer has the right to call the security. The New York Times Financial Glossary * * * callable call‧a‧ble [ˈkɔːləbl ǁ ˈkɒːl ] adjective FINANCE if a loan, bonds,… …   Financial and business terms

  • callable bond — A bond that the issuer has the right to redeem prior to maturity. Some callable bonds may be redeemed on a single call date while others have multiple call dates. Some callable bonds may be redeemed at par while others can only be redeemed at a… …   Financial and business terms

  • callable — adjective subject to a demand for payment before due date callable bonds • Similar to: ↑due • Derivationally related forms: ↑call …   Useful english dictionary

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