NONCALLABLE BOND
Dictionary entry overview: What does noncallable bond mean? • NONCALLABLE BOND (noun)
The noun NONCALLABLE BOND has 1 sense:
1. a bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity)
Familiarity information: NONCALLABLE BOND used as a noun is very rare.
Dictionary entry details
• NONCALLABLE BOND (noun)
Meaning:
A bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity)
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("noncallable bond" is a kind of...):
bond; bond certificate (a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal)
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