Able to be redeemed prior to maturity. The term usually applies to bonds and...
subject to a demand for payment or redemption before the due date; -- of financial instruments; as, callable bonds.
Refers to a bond that is redeemable by the issuer before the scheduled maturity of the bond. Issuer must pay the holders a premium price if such a security is retired early. Bonds are usually called when interest rates fall so significantly that the issuer can save money by floating new bonds at lower rates.
Bonds that may be redeemed by the issuer before their scheduled maturity. The first dates when an issuer may call bonds are specified in the prospectus of every issue that has a call provision in its indenture.
(1) Payable on demand, such as money borrowed against your margin account. (2) Redeemable by the issuer, such as preferred stock or bonds. The issuer of preferred stock has the option of retiring the stock by paying the holder a predetermined price as stated on the stock certificate; the issuer of callable bonds reserves the right to redeem the bonds before their maturity date.
With regard to bonds or preferred stock, refers to a bond issue that can be redeemed by the corporation before maturity under specific conditions.
Can be redeemed at the option of the issuer
An option that allows a bond issuer to recall a bond before its maturity date.
A security is callable if the security issuer, under terms designated prior to the sale, reserves the right to "call" or redeem the security prior to its maturity.
A right of a company of preferred shares or bonds to repurchase, or "call" those securities at a stated price. Also known as redeemable securities.
If a bond can be called (redeemed) prior to maturity, the bond is said to be callable. If a bond can not be called prior to maturity, it is said to be non-callable.
A bond issue, all or part of which may be redeemed before maturity by the issuing corporation under specific conditions. The term also applies to preferred shares of stock, which may be redeemed by the issuing corporation.
subject to payment of the principal amount (and accrued interest) prior to the stated maturity date, with or without payment of a call premium. For example, a Bond may be callable on or after June 1, 20XX subject to 30 days prior written notice to the holders of the Bond.
The security is redeemable by the issuer before the scheduled maturity under specific conditions and at a stated price. Bonds are usually "called" when interest rates fall so significantly that the issuer can save money by issuing new bonds at lower rates.
May be redeemed (called in) upon due notice by the security's issuer.
boolean Simple Indicates that the instrument is subject to being redeemed at the demand of the issuer (children identify the parameters of the callable status).
A security which the seller can redeem before its stated maturity at a given price or date
A U.S. Treasury security that is subject to call before maturity. As in the 31 CFR 358.1 .
Debt that may be redeemed before it matures.
Describes a bond or preferred share that gives the issuing company the right to redeem (buy back) the security prior to the maturity date at a previously specified price.
A bond issue, all or part of which may be redeemedby the issuing corporation under specified conditions before maturity. The term also applies to preferred shares that may be redeemed by the issuing corporation.
A securities feature that allows the issuer to retire the issue when desired. Should the issue be called, the issuer usually pays a premium.
A security redeemable by the issuer before the scheduled maturity. The issuer must pay the holder a premium price if the security is retired early. Most Corporate and Municipal Bonds are callable. US Government issues are generally not callable. They are called when interest rates fall so significantly that the bond issuer can save money by floating new bonds at the lower rate. The first call date is the date to or after which a specific call price will be offered by the issuer, usually a premium price to par, as an incentive to the bondholder to redeem the bond.
Under pre-stipulated conditions, a bond issue that may be redeemed by the issuer before its maturity date. If the issuer does call the issue, in full or part, the bondholder may receive a premium price. Issuers might call a bond when interest rates fall so drastically that it is worth the expense of issuing new bonds at the lower rates. U.S. government securities are not usually callable. However, 30-year Treasury bonds are an exception. They become callable after 25 years. The term also pertains to preferred shares that may be redeemed by the issuing corporation. See: Call; Call Price; Call Protection; Maturity Date; Redemption; Treasury Bond; US Government Securities
Securities which may be redeemed upon due notice by the security's issuer. In the case of bonds, issuers of bonds may reserve the right to pay off the bond before maturity to take advantage of lower interest rates.
Preferred shares or bonds that give the issuing corporation an option to repurchase, or "call" those securities at a stated price. These are also known as redeemable securities.
A financial security such as a bond with a call option attached to it; i.e., the issuer has the right to call the security.
Bonds and preferred stock that are subject to the right of an obligor issuer to prepay before maturity in the case of bonds and to retire at any time on specified notice
An investment, such as a bond, that can be "called in" and repaid by the company or government that issued it, before it would normally be due. You are generally paid extra interest if your investment is called in early.
When a bond or certificate of deposit (CD) is issued, the issuer may have the option to redeem (call) it before it reaches its maturity date. This allows the issuer to terminate its agreement with you when it decides to do so. That happens most frequently when interest rates drop and the issuer wants to stop paying you the higher interest rate that was in effect when you purchased the bond or certificate of deposit. Our recommendation: Don't buy a bond or CD that includes a call provision; it never works to your advantage. Instead, make sure that a bond or certificate of deposit is non-callable before you purchase it.
A term that means a bond issuer may redeem a security issue before its scheduled maturity date. The issuer is sometimes required to pay the bondholders a premium price if the security is retired early. Bonds may be called when interest rates fall significantly because the issuer can save money by floating new bonds at lower rates.
A feature of a bond whereby it may be redeemed by the issuer prior to maturity under terms designated prior to issuance because the issuer owns a call option on the bond.