call provision

call provision definition - finance
A provision in a bond indenture that gives the bond issuer the option to call the bond for redemption or refund at a specific time (before the bondÂ’s stated maturity) or at a certain price. Also called redemption provision.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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