Redemption
The repayment of bonds prior to their maturity date.
bond-basics
Call Provisions
Provisions in a Bond that permit or require an Issuer to prepay or redeem Bonds before the stated Maturity Date. Such provisions are found in an Indenture or the Bond Resolution under “Redemption.”
See Also
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Hundreds of Terms and Concepts
Private Placement or Direct Purchase
The negotiated offering of a new issue of bonds directly to one or a limited number of purchasers without using an underwriter.