WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from WordNet

Definitions from the Web

Noncallable Bond

Description:

A noncallable bond, also known as non-redeemable bond, is a type of bond that cannot be called back or redeemed by the issuer before its maturity date. This means that once an investor purchases a noncallable bond, they can hold onto it until it reaches its full term without worrying about early redemption.

Sample sentences:

1. The noncallable bond I invested in provided a stable income stream over the course of ten years.
2. As a risk-averse investor, I prefer noncallable bonds as they offer a guaranteed return on investment.
3. The company's decision to issue noncallable bonds was seen as a positive measure to attract long-term investors.

Possible related products on Amazon:

- Noncallable Bond Investing Books
- Bond Investment Tools