Call provision - An embedded option granting a bond issuer the right to buy back all or part of the issue prior to maturity.
A provision of a bond or preferred stock issue, listed in its indenture (the formal agreement between the bond issuer and the holder) that allows the issuer to redeem the bond before the maturity date either at par or at a premium to par.
Call provision : an embedded option granting a bond issuer the right to buy back all or part of the issue prior to maturity.
a provision of a bond or preferred stock issue, listed in its indenture (the formal agreement between the bond issuer and the holder) that allows the issuer to redeem the bond before the maturity date either at par or at a premium to par.
Call provision