FOLIO Ontology

Extendible Asset

IRI:
https://folio.openlegalstandard.org/R8XwFrJuWIwLcyBNEkI3VW0
Preferred Label Flexible Maturity Asset
Alternative Labels
Extendable Security

Definition

An Extendible Asset is a financial instrument that allows the redemption date to be extended at the option of the issuer or the holder. This feature provides additional flexibility, enabling the extension of the asset's maturity under predefined conditions.

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See Also

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Children 0

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Additional Information

Metadata

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Identifier

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Deprecated

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Source and Origin

No source or origin information available