noncallability

English

noncallability (uncountable)

(finance) The property of not being callable.
- 1965, Charles J. Christenson, Strategic Aspects of Competitive Bidding for Corporate Securities (page 22)
  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.

单词	noncallability
释义	noncallability English Noun noncallability (uncountable) (finance) The property of not being callable. 1965, Charles J. Christenson, Strategic Aspects of Competitive Bidding for Corporate Securities (page 22) 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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