FOLIO Ontology

Callable Asset

IRI:
https://folio.openlegalstandard.org/R9pdzW3m7BhNJzoxFi57s70
Preferred Label Call Option Asset
Alternative Labels
Callable Financial Instrument Callable Instrument

Definition

A Callable Asset is a financial instrument that can be redeemed or repaid by the issuer before its specified maturity date, at the issuer's discretion. This feature allows the issuer to take advantage of favorable interest rate movements or other financial conditions, often resulting in the repayment of the principal and cessation of interest payments prior to the original maturity date.

Class Relationships

Is Defined By

N/A

See Also

None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Identifier

N/A

Deprecated

No

Source and Origin

No source or origin information available