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Simple English definitions for legal terms

noncallable security

Read a random definition: False Claims Act

A quick definition of noncallable security:

A noncallable security is a type of investment that cannot be redeemed by the issuer before its maturity date. This means that the investor is guaranteed to receive their interest payments and principal amount at the agreed-upon time. It is like a promise made by the issuer to the investor that they will not call back the security before the maturity date. Noncallable securities are considered less risky than callable securities because the investor knows exactly when they will receive their money back.

A more thorough explanation:

A noncallable security is a type of investment that cannot be redeemed or called back by the issuer before its maturity date. It is a type of security that provides a fixed income to the investor for a specific period of time.

For example, a noncallable bond is a type of bond that cannot be redeemed by the issuer before its maturity date. The investor will receive a fixed interest rate for the life of the bond, and the principal will be returned to the investor at maturity.

Another example of a noncallable security is a noncallable preferred stock. This type of stock provides a fixed dividend payment to the investor and cannot be redeemed by the issuer before a specific date.

Noncallable securities are considered less risky than callable securities because the investor is guaranteed a fixed income for a specific period of time. However, noncallable securities may offer a lower yield than callable securities.

noncallable bond | noncancelability clause

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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