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LSDefine

Simple English definitions for legal terms

noncallable bond

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A quick definition of noncallable bond:

A noncallable bond is a type of investment where the borrower cannot pay back the loan before the agreed-upon date. This means that the investor is guaranteed to receive their interest payments until the bond matures. A bond is a type of security, which is a type of investment that represents ownership or a creditor relationship with a company or government. Securities have no intrinsic value and their worth depends on the financial condition of the entity that issued them.

A more thorough explanation:

A noncallable bond is a type of security that cannot be redeemed by the issuer before its maturity date. This means that the bondholder is guaranteed to receive interest payments for the entire life of the bond.

For example, if a company issues a noncallable bond with a maturity date of 10 years and an interest rate of 5%, the bondholder will receive 5% interest payments every year for 10 years. The company cannot redeem the bond before the 10-year period is up.

This type of bond is attractive to investors who want a steady stream of income without the risk of the bond being called back by the issuer. It also provides a level of certainty for the bondholder, as they know exactly how much they will earn from the bond over its lifetime.

nonbailable | noncallable security

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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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