Important Financial Investment Terms
Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
There is an alternative. We have defined more than 1,500 commonly used financial terms. Look-up a definition by entering the term in the search engine or using the alphabetical search service.
Definition of 'Call Provision'
A provision on a bond that gives the issuer the right to repurchase and retire the bonds. There is a time line under which the bond can be called and the price to be paid and any accrued interest. This is a call provision. Callable bonds will typically pay a higher yield than non-callable bonds.