Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Callable

bond. See redeemable bond under BOND (3).

callable preferred stock

Preferred stock that may be repurchased by the issuing corporation at a prestated price, usu. at or slightly above par value.

callable preferred stock.

See STOCK.

callable security

See redeemable securctt _rn-der SECURITY.

noncallable bond

See noncallable security under SECURITY.

noncallable bond noncallable bond

See BOND (3).

noncallable security

A security that cannot be redeemed, or bought back, at the issuer's option. - Also termed (specif.) noncallable bond.