What does noncallable bond mean?
Definitions for noncallable bond
non·callable bond
This dictionary definitions page includes all the possible meanings, example usage and translations of the word noncallable bond.
Princeton's WordNet
noncallable bondnoun
a bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity)
ChatGPT
noncallable bond
A noncallable bond is a type of bond that cannot be redeemed by the issuer before its specified maturity date. This means the bond holders are guaranteed to receive interest payments for the full life of the bond as long as the issuer does not default. The advantage for the bondholder is that the issuer cannot call the bond back if interest rates drop. However, the disadvantage is that the bondholder is also locked into the bond's terms until it matures, even if interest rates rise significantly.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of noncallable bond in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of noncallable bond in Pythagorean Numerology is: 9
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"noncallable bond." Definitions.net. STANDS4 LLC, 2024. Web. 20 Apr. 2024. <https://www.definitions.net/definition/noncallable+bond>.
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