noncallable

Issuer cannot redeem

Noncallable describes a bond or other debt security that cannot be redeemed by the issuer before its maturity date.

When you buy a noncallable bond, you're guaranteed to receive interest payments for the full term—the issuer can't pay it off early to refinance at lower rates.

The noncallable bonds offered slightly lower yields but more predictable income.

bonds

fixed-income

Assets yielding constant returns

debenture · coupon · yield · principal · investment-grade · issuer · treasury · creditworthiness · debt · interest

unreachable

inaccessible

Cannot be reached

unobtainable · out-of-service · unattainable · inoperative · suspended · deactivated · withdrawn · discontinued · down · expired

restricted

prohibited

Officially not permitted

off-limits · disallowed · ineligible · excluded · banned · denied · inadmissible · unauthorized · embargoed · taboo

Opposites
redemption rights

noncallablecallable

Subject to early redemption

redeemable · retractable · recallable · convertible · refundable

Family

call, recall, calling, called, caller, recalled, callable, recallable, misrecall

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Used worldwide · Timeless · Abstract · Rated G