Examlex
Understanding is improved by simplifying the language used in________ .
Call Provision
Agreement giving the corporation the option to repurchase the bond at a specified price before maturity.
Bond Indenture
A legal contract detailing the terms and conditions under which bonds are issued, including the interest rate, maturity date, and other conditions.
Time Premium
The portion of an option's price that exceeds its intrinsic value, reflecting the value of time left until expiration.
Exercise Price
The price at which an option holder can buy or sell the underlying security.
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