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Callable Bonds
Bonds that can be redeemed by the issuer before their maturity date at a specified price.
Issuing Corporation
A company that has distributed shares to the public through an initial public offering (IPO) or other means of equity distribution.
Before Maturity
Refers to the period or action taken before a financial instrument, such as a bond or fixed-income security, reaches its maturity date or the due date for principal repayment.
Bond Premium
The amount by which the market price of a bond exceeds its face value, typically occurring when the bond's interest rate is higher than the market rate.
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