Conditional call - Mainly applies to convertible securities. Circumstances under which a company can effect an earlier call, usually stated as percentage of a stocks trading price during a particular period, such as 140% of the exercise price during a 40-day trading span.
Conditional call : mainly applies to convertible securities. circumstances under which a company can effect an earlier call, usually stated as percentage of a stocks trading price during a particular period, such as 140% of the exercise price during a 40-day trading span.