callable bond

English - Turkish

Definition of callable bond in English Turkish dictionary

istenebilen bond

English - English

Definition of callable bond in English English dictionary

A bond that can be called (redeemed) by the issuer prior to its maturity, on certain call dates, at call prices. On the call dates, the issuer has the right, but not the obligation, to buy back the bonds from the bond holders at the call price. Technically speaking, the bonds are not really bought and held by the issuer, but cancelled immediately or no longer accrue interest at the original coupon rate

Related Terms

callable bonds

plural form of callable bond

Hyphenation

call·a·ble bond

Turkish pronunciation

kôlıbıl bänd

Synonyms

redeemable bond

Pronunciation

/ˈkôləbəl ˈbänd/ /ˈkɔːləbəl ˈbɑːnd/