Meaning NONREDEEMABLE: Not permitted, under the terms of an indenture, to be redeemed
More terms such as Nonredeemable in Dictionary N.
- Definition Negotiable Instrument:
- Examples An unconditional order or promise to pay some amount of money, easily transferable from one party to another nonredeemable definition.
- Definition Nonrefundable:
- Examples Not permitted, under the terms of an indenture, to be refundable nonredeemable explain.
- Definition No-Action Letter:
- Examples A letter from the Securities and Exchange Commission agreeing that the commission will take no civil or criminal action against a party, regarding a specific activity nonredeemable what is.
- Definition Notional Principal Amount:
- Examples In an interest rate swap, the predetermined dollar principal on which the exchanged interest payments are based nonredeemable meaning.
- Definition Nominal Yield:
- Examples The income received from a fixed income security in one year divided by its par value. See also: Coupon rate nonredeemable abbreviation.
