call feature

call feature
See call option. American Banker Glossary
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Part of the indenture agreement between the bond issuer and buyer describing the schedule and price of redemptions prior to maturity. Bloomberg Financial Dictionary

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call feature ˈcall ˌfeature noun [uncountable] FINANCE
in bonds, one of the conditions made by the borrower relating to early repayment:

• Some investors avoided the New Jersey Turnpike Authority bonds maturing in 2014 because of an unfavorable call feature.

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call feature UK US noun [C]
FINANCE CALL PROVISION(Cf. ↑call provision)

Financial and business terms. 2012.

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Look at other dictionaries:

  • call feature — A provision in a bond that allows it to be redeemed by the issuer before maturity. See callable bonds …   Black's law dictionary

  • call feature — A provision in a bond that allows it to be redeemed by the issuer before maturity. See callable bonds …   Black's law dictionary

  • feature — Ⅰ. feature UK US /ˈfiːtʃər/ noun [C] ► something that makes a product, machine, or system different, and usually better, than others of a similar type: »The new smart phone has all the features of existing models, plus added extras. »innovative… …   Financial and business terms

  • Provisional Call Feature — A feature of a convertible issue that allows the issuer to call the issue during the non call period if the stock reaches a certain price. For example, a convertible bond may allow a provisional call if the underlying common stock trades at 150%… …   Investment dictionary

  • Provisional call feature — A feature in a convertible issue that allows the issuer to call the issue during the non call period if the price of the stock reaches a certain level. The New York Times Financial Glossary …   Financial and business terms

  • provisional call feature — A 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 ( convertible security), right of an issuer to… …   Financial and business terms

  • call option — An option that gives the buyer the right, but not the obligation, to purchase ( go long ) the underlying futures contract at the strike price on or before the expiration date. Chicago Board of Trade glossary A contract giving the buyer the right… …   Financial and business terms

  • Call provision — An embedded option granting a bond issuer the right to buy back all or part of the issue prior to maturity. The New York Times Financial Glossary * * * call provision call provision ➔ provision * * *    A clause in a bond s indenture, granting… …   Financial and business terms

  • call provision — An embedded option granting a bond issuer the right to buy back all or part of an issue prior to maturity. Bloomberg Financial Dictionary * * * call provision call provision ➔ provision * * *    A clause in a bond s indenture, granting the issuer …   Financial and business terms

  • Feature interaction problem — Feature interaction is a phenomenon that occurs when functionality of a system (typically consisting of hardware or software) is added or removed. The term feature is used to denote an abstract unit of functionality that a system provides, and… …   Wikipedia

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