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non-callable

 

Definitions from the Web

Non-Callable

Description:

In finance, "non-callable" refers to a financial instrument, typically a bond, that cannot be redeemed or paid off by the issuer before its predetermined maturity date.

Sense:

Adjective

1. Not able to be called back or redeemed before maturity.

Sample Sentences:

Adjective (Finance):

  1. Investors prefer non-callable bonds as they provide a higher level of security and guaranteed returns.
  2. The non-callable nature of the bond allowed the investor to confidently plan for long-term investments.

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