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Banking

Callability Provision

A feature which is attached to a callable bond giving the issuer the right to purchase back the bond at...

Callable Option

A long option (long call or long put) which is held by an investor and is subject to a short...

Bullet Security

A fixed-income security (usually a bond) that has no early redemption features (callability or embedded call option). Bullet securities (bullets)...

Bullet

A fixed-income security (usually a bond) that has no early redemption features (callability or embedded call option). Bullets (bullet securities)...