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Call Option

A contingent equity instrument that gives the holder the right to purchase shares of the company’s stock for a preset…

Call Protection Period

An period of time between the time a callable bond is issued and the time it can be called by…

Call Deferment

The period of time during which a bond (callable bond) cannot be called by the issuer. This period varies according…

Call Protection

An period of time between the time a callable bond is issued and the time it can be called by…

Call Provision

A provision that is attached to a bond indenture setting out the terms under which a bond issuer can call...

Absolute Call Privilege

The right of an issuing entity to retire a bond or a debt issue at any time prior to maturity...

Discretely Callable Bond

A callable bond that is structured in a way that the issuer can recall it only periodically or on discrete...

Cushion Bond

A callable bond in which the coupon is significantly above current market interest rates. In other words, the bond is...

Cushion

An interval between the time a callable bond is issued and the time it can be called by the issuer....

Ratchet Bond

A rate-adjustable debt instrument that has a coupon rate that adjusts periodically at a specific spread over a non-money market...