Definition of Called bond

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TeachMeFinance.com - explain Called bond




historic definition...

Called bond -- When the right is . reserved by a company which has emitted a bond to redeem (pay) it after a certain time and notice of the exercise of this right is given the bond is called in the bond is then a called bond. Interest on such a bond ceases after the bond is called.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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