bond-basics

Non-Callable Bond

A Bond that cannot be called for Optional Redemption by the Issuer prior to its stated Maturity Date.

See Also

Maturity Date

The date upon which the principal of a bond becomes due and payable to the bond owner.

Redemption

The repayment of bonds prior to their maturity date.

Hudson Yards Rail Yards

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Term of the Week

Securities Act of 1933

Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.