Meaning CATASTROPHE CALL: Early redemption of a municipal revenue bond because a catastrophe has destroyed the project that provided the revenue source backing the bond
More terms such as Catastrophe call in Dictionary C.
- Definition Collar:
- Examples An upper and lower limit on the interest rate on a floating-rate note (FRN) or an adjustable-rate mortgage (ARM catastrophe call definition.
- Definition Chief Executive Officer (CEO):
- Examples A title held often by the Chairperson of the Board, or the president. The person principally responsible for the activities of a company catastrophe call explain.
- Definition Convertible Exchangeable Preferred Stock:
- Examples Convertible preferred stock that may be exchanged, at the issuer's option, into convertible bonds that have the same conversion features as the convertible preferred stock catastrophe call what is.
- Definition Captive Finance Company:
- Examples A company, usually a subsidiary that is wholly owned, whose main function is financing consumer purchases from the parent company catastrophe call meaning.
- Definition Clear A Position:
- Examples To eliminate a long or short position, leaving no ownership or obligation catastrophe call abbreviation.