Puttable

From ACT Wiki
Revision as of 09:17, 9 October 2013 by Doug Williamson (Talk | contribs) (Category added 9/10/13)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

1.

A security where there is a provision to require the borrower to redeem prior to maturity at the discretion of the lender.


2.

A security where there is a provision for automatic early redemption on the occurrence of specified uncertain future events.


See also