Meaning CALLABLE: Applies mainly to convertible securities. Redeemable by the issuer before the scheduled maturity under specific conditions and at a stated price, which usually begins at a premium to par and declines annually. Bonds are usually called when interest rates fall so significantly that the issuer can save money by issuing new bonds at lower rates
More terms such as Callable in Dictionary C.
- Definition Credit Bureau:
- Examples An agency that researches the credit history of consumers so that creditors can make decisions about granting of loans callable definition.
- Definition Correspondent:
- Examples A financial organization that performs services (acts as an intermediary) in a market for another organization that does not have access to that market callable explain.
- Definition Chicago Board Options Exchange (CBOE):
- Examples exchange created in the early 1970s for the public trading of standardized option contracts. Primary place stock options, foreign currency options, and index options (S;P 100, 500, and 0.T.C. 250 callable what is.
- Definition Collateral:
- Examples Asset than can be repossessed if a borrower defaults callable meaning.
- Definition Cash Flow Time Line:
- Examples Line depicting the operating activities and cash flows for a firm over a particular period callable abbreviation.
