|
Irredeemable bond |
|
|
|
Home Site Map Add Term Search About Us Contributors |
Irredeemable bondA bond lacking a call feature or a right of redemption. Also refers to a perpetual bond.Irredeemable bond Similar MatchesIrredeemable securitiesIrredeemable securitiesSecurities, such as some debentures (perpetual debentures) and certain government loan stock (Consols) which do not have a redemption date that is there is no date specified for repayment of capital. |
|
|
|