Hard Call Protection
The period in the life of a callable bond in which the issuing company is not permitted to redeem the bond.

Investopedia Says:
This feature is important for investors purchasing redeemable or callable bonds. Hard call protection acts as sweetener for the bond itself and disallows the issuer from calling the bond under any circumstances.

Related Terms:
Bond
Callable Bond
Convertible Bond
Soft Call Protection
Sweetener

• Value Averaging
• Value-Based Pricing
• Value Chain
• Value Date
• Value Fund
• Value Investing
• Value Line Index
• Value Proposition
• Value Stock
• Value Trap
• Vanguard Exchange-Traded Funds
• Vanguard Exchange-Traded Funds
• Vanilla Option
• Variability
• Variable Annuity
• Variable Cost
• Variable Coupon Renewable Note (VCR)
• Variable Coupon Renewable Note (VCR)
• Variable Death Benefit
• Variable Interest Rate
• Variable Life Insurance Policy
• Variable Price Limit
• Variable Rate Demand Note
• Variable Ratio Write
• Variance