English version

call provision

From Longman Business Dictionarycall provisionˈcall proˌvision [countable]FINANCE1a part of a contract for a bond that allows the seller to buy back the bond earlyBefore buying a bond, you should always ask your broker if there is a call provision and, if so, when and under what circumstances the bond can be called.2a part of a loan agreement that allows the lender to ask for payment of the full amount of the loan early, if payments have not been made, or if a business is not achieving expected resultsIn recent years, a third of the value of small commercial loans have included a call provision. provision
Pictures of the day
What are these?
Click on the pictures to check.