单词 | call provision |
释义 | call provision call provision noun [C]
(Finance )
1 (also call feature) a section (clause) in a bond contract that allows the seller to buy the bond back early: Most corporate bonds have a call provision. The issuing company can usually exercise the call provision at any time after a specified date.
2 part of an arrangement for a loan that allows the bank to demand full payment early if payments have not been made, or if a business has not achieved the results it expected |
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