Examlex
If the law requires apartment building owners to lower rent, the law of supply predicts that, other things constant, the:
Callable
Describes a financial security (like a bond) that can be redeemed or "called" by the issuer before its maturity date, usually at a predefined price.
Convertible
Refers to a security (like bonds or preferred shares) that can be converted into a different form, commonly shares of the company's common stock.
Secured
Refers to loans or debt that are backed by collateral, reducing the risk for lenders.
Unsecured
Refers to loans or debts that are issued and supported only by the borrower's creditworthiness, rather than by any type of collateral.
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