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 Cross-Sectional Approach:
- Examples A statistical methodology applied to a set of firms at a particular time callable definition.
- Definition Coverage Ratios:
- Examples Ratios used to test the adequacy of cash flows generated through earnings for purposes of meeting debt and lease obligations, including the interest coverage ratio and the fixed-charge coverage ratio callable explain.
- Definition Cash On Delivery (COD):
- Examples In the context of securities, this refers to the practice of institutional investors paying the full purchase price for securities in cash callable what is.
- Definition Companion Bonds:
- Examples Collateralized Mortgage Obligation (CMO) whose principal is paid off first when the underlying mortgages are prepaid due to falling interest rates. When interest rates rise, there will be lower callable meaning.
- Definition Capital Budget:
- Examples A firm's planned capital expenditures callable abbreviation.
