CALL PRIVILEGE
The supply in a bond indenture that grants the issuer of the bond the choice to get the whole or a portion of the bond issue, at calculated prices on definite stated dates. These dates are called "call dates" that structures the call schedule. The word "call privilege" comes from the reality that the alternative of the issuer is to recover possession of the bond issue, is connected to a bonds call option. In response for this chance, the issuer will commonly pay a coupon rate that is bigger compare to that compensated by straight bonds of credit quality and comparable maturity.
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Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
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Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
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