Noncallability
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Noncallability is a noun meaning (finance) The property of not being callable.
Meaning
(finance) The property of not being callable.
Example Sentences
Without the noncallability feature, the company could be expected to call the bonds and replace them with an issue carrying a lower interest rate if interest rates fell enough to justify the cost of refinancing.
Related Words
Related dictionary entries include nondeductibility, nonregistrability, nonconvertibleness, nontaxability, noncommodifiability, noncoagulability.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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