Provisional call feature

Provisional call feature
A feature in a convertible issue that allows the issuer to call the issue during the non-call period if the price of the stock reaches a certain price.
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Provisional Call Feature
Provisional Call Feature - A provisional call feature is a feature, in a convertible issue, to call the issue if the stock reaches a certain price level.

will spell out the first Call Date and whether the bond will be called at Par or at a slight premium to par. Some preferred stock issues also have call provisions spelling out the conditions of a redemption. See also Provisional Call Feature.

Related: Hedge option strategies Provisional call feature A feature in a convertible issue that allows the issuer to call the issue during the non-call period if the price of the stock reaches a certain price.

provisional call feature A feature in a convertible issue enabling the issuer to call the issue if the price of the stock reaches a certain price. proximo Occurring n the following month.

See also: Contract, Investment, Issuer, Issue, Call feature