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Call date |
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Call dateA date before maturity, specified at issuance, when the issuer of a bond may retire part of the bond for a specified call price.Call dateThe date on which a bond may be redeemed by the issuer before maturity which may be at par or at a higher value. The difference is known as the call premium.Similar MatchesCallCallIn a metes and bounds description, the angle and distance of a given line or arc. Each call is usually preceeded by the word then or thence. Example: N 220 E 100' (lst. call), thence N 800 E 1W (2nd. call). Provisional call featureProvisional call featureA stipulation in a convertible issue that allows the issuer to call the issue during the noncall period if the price of the stock reaches a certain level. In the case of convertible securities, right of an issuer to accelerate the first redemption date if the underlying common should trade at or above a certain level for a sustained period. Most typical terms are 150% of conversion price for 20 consecutive days. Note that under these circumstances the security has appreciated, at a minimum, 50% since being issued. Irrational call optionIrrational call optionThe implied call imbedded in a MBS. Irrational because the call is sometimes not exercised when it is in the money (interest rates are below the threshold to refinance), and sometimes exercised when it is not in the money. Option exercise like this affects payments on the MBS. Call premiumCall premiumPremium in price above the par value of a bond or share of preferred stock that must be paid to holders to redeem the bond or share of preferred stock before its scheduled maturity date. Call swaptionCall swaptionA swaption in which the buyer has the right to enter into a swap as a fixed-rate payer. The writer therefore becomes the fixed-rate receiver/floating-rate payer. Further Suggestionssynthetic long callGeneticalliy modified organism First call cold calling Call money rate call price Called away bear call spread Call provision Covered call writing strategy Call price Uncovered call writing Maintenance call Deferred call Put call ratio First call date Call option call provision house call Put call parity relationship Cold calling Call risk Periodic call auction call payment Call loan |
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