English Dictionary

NONCALLABLE BOND

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IPA (US): 

 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)play

  Familiarity information: NONCALLABLE BOND used as a noun is very rare.


 Dictionary entry details 


NONCALLABLE BOND (noun)


Sense 1

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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