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Callable Bonds
Bonds that can be redeemed by the issuer before their maturity date at a specified price.
Call Option
A call option is a financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a specific time period.
Convertible Bond
A type of bond that can be converted into a predetermined number of the issuing company's shares, typically at the discretion of the bondholder.
Convertible Bonds
Financial instruments that can be converted into a specified number of common stock shares at the discretion of the bondholder, usually at certain times during their life.
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