Meaning PICKUP BOND: A bond with a relatively high coupon that is close to the date at which it is callable, meaning that a fall in interest rates will most likely cause early redemption of the bond at a premium
More terms such as Pickup bond in Dictionary P.
- Definition Pay-Up:
- Examples resulting from a swap into higher-priced bonds or the need/willingness of a bank or other borrower to pay a higher rate of interest to get funds. Used in the context of general equities. (1) When an pickup bond definition.
- Definition Pecking-Order View (Of Capital Structure):
- Examples external financing transactions costs, especially those associated with the problem of adverse selection, create a dynamic environment in which firms have a preference, or pecking-order of preferred pickup bond explain.
- Definition Personal Trust:
- Examples An interest in an asset held by a trustee for the benefit of another person pickup bond what is.
- Definition Present Value:
- Examples today that is equivalent in value to a payment, or to a stream of payments, to be received in the future. To determine the present value, each future cash flow is multiplied by a present value factor pickup bond meaning.
- Definition Provisional Call Feature:
- Examples convertible issue that allows the issuer to call the issue during the noncall period if the price of the stock reaches a certain level. In the case of convertible securities, right of an issuer to pickup bond abbreviation.
