CALL FEATURE
call feature: translation
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