FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R9pdzW3m7BhNJzoxFi57s70
Label Callable Asset
Preferred Label Call Option Asset
Identifier N/A
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

Sub Class Of

Is Defined By

N/A

See Also

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Class Hierarchy Visualization

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

Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

No

Source and Origin

No source or origin information available