Meaning PROVISIONAL CALL FEATURE: A stipulation in a 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 accelerate the first redemption date if the underlying common should trade at or above a certain level for a sustained period. Most typical terms are 150% of conversion price for 20 consecutive days. Note that under these circumstances the security has appreciated, at a minimum, 50% since being issued
More terms such as Provisional call feature in Dictionary P.
- Definition Positive Convexity:
- Examples option-free bonds that the price appreciation for a large downward change in interest rates will be greater (in absolute terms) than the price depreciation for the same downward change in interest provisional call feature definition.
- Definition Private Market Value (PMV):
- Examples The break-up market value of all divisions of a company if divisions were each independent and established their own market stock prices provisional call feature explain.
- Definition Put An Option:
- Examples To exercise a put option provisional call feature what is.
- Definition Performance Stock:
- Examples High-growth stock in a company that retains earnings for further growth and therefore pays no dividends, but that an investor feels has significant future potential provisional call feature meaning.
- Definition Performance Evaluation:
- Examples manager's results, which involves, first, determining whether the money manager added value by outperforming the established benchmark (performance measurement) and, second, determining how the provisional call feature abbreviation.
