Examlex
What is the term used for online journals where people post their thoughts?
Call Provision
Gives the issuing corporation the right to call the bonds for redemption. The call provision generally states that if the bonds are called, the company must pay the bondholders an amount greater than the par value, a call premium. Most bonds contain a call provision.
Bondholders
Investors or entities that hold bonds issued by corporations or governments, entitled to receive the bond's face value and interest payments.
Principal Amount
The principal amount is the original sum of money borrowed in a loan or the initial amount invested, excluding any interest or profits.
Floating-Rate Bonds
Bonds whose coupon payment may vary over time. The coupon rate is usually linked to the rate on some other security, such as a government bond, or to some other rate, such as the prime rate or LIBOR.
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