noncallable bond

1. 1.

   a bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity)

   Broaderbond

Questions about noncallable bond

What does noncallable bond mean?

noncallable bond means "a bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity)".

Is noncallable bond a common word?

noncallable bond is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.