Tag: time

Callable Bond

DefinitionA callable bond is a type of bond that allows the issuer of the bond to retain the privilege of redeeming the bond at...

Callable Preferred Stock

What is a 'Callable Preferred Stock' A callable preferred stock is a type of preferred stock in which the issuer has the...

Call Privilege

What is 'Call Privilege' The provision in a bond indenture that gives the bond issuer the option to redeem all or part...

Call Warrant

What is a 'Call Warrant' A call warrant is a financial instrument that gives the holder the right to buy the underlying...

Past Due Balance Method

What is 'Past Due Balance Method' A system for calculating interest charges based on any outstanding loan or credit charges that remain...
Passive income

Passive Income

What is passive income and why should you care Passive income is a type of income that does not require active work to earn. This...
Past due

Past Due

What does 'Past Due' mean Past due is a loan payment that has not been made as of its due date. A borrower who is...

Net Asset Value

DefinitionNet asset value is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds,...

Call Option

DefinitionA call option, often simply labeled a "call", is a financial contract between two parties, the buyer and the seller of this type of...

Patent

What is a 'Patent' A patent is a government license that gives the holder exclusive rights to a process, design or new...

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