Examlex
Production processes move to the product in
Deferred Call Provision
A clause in a bond contract that prohibits the issuer from repurchasing the bond until a specified date has passed.
Callable Bond
A type of bond that can be redeemed by the issuer before its maturity date at a specified price.
Redemption
The process by which securities or financial instruments are converted into cash or its equivalent value.
Collar
A protective options strategy that involves buying a put option and selling a call option on the same asset to limit the range of possible returns.
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