What does noncallability mean?
Noncallability means (finance) The property of not being callable..
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Pronunciation varies by accent · noun
(finance) The property of not being callable..
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.
Use noncallability when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Noncallability means (finance) The property of not being callable..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
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.
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