|
Puttable (See Chapter 25 of the Vernimmen)
"Puttable" describes a characteristic of a financial instrument (such as a bond) which allows its holder (the investor) to be reimbursed early before the final maturity, on a specified date or during a specified period of time, and at a specified Redemption price. The opposite of puttable is callable.
Puttable (See Chapter 25 of the Vernimmen)
"Puttable" describes a characteristic of a financial instrument (such as a bond) which allows its holder (the investor) to be reimbursed early before the final maturity, on a specified date or during a specified period of time, and at a specified Redemption price. The opposite of puttable is callable.
See
all terms in the dictionary of finance
|
|
|
|
You get more than just a glossary
on www.vernimmen.com:
- A monthly newsletter with over 60,000
subscribers
- 610,000 financial data for over 16,000
groups
- A 279-question quiz with answers
- A text book that has
sold 130,000 copies
- And all the rest |
