A callable bond, also known as a “redeemable bond,” is one where the issuer has the ability to pay off the debt prior to its maturity date, with certain conditions. Which the issuer has the right to redeem prior to its maturity date, under certain conditions.
The primary reason that an issuer would choose to “call” a bond is that interest rates have declined since the bond was issued. By calling the bond, the issuer generally has to opportunity to refinance that debt at a lower rate. Once called, the issuer will notify the creditor and pay off the debt, typically with a slight premium added to close the deal.
There is typically a period of time designated where an issuer cannot call a bond, but outside of that time frame the creditor would have no say in the matter if the issuer decides to call the bond.
Value mutual funds are those that invest in companies with strong fundamentals and steady earnings histories
Another way to participate in IPOs is to pick up shares of mutual funds and ETFs that invest in them for you
The IRS adjusts the contribution limits year to year to accommodate cost-of-living adjustments
Consumer Staples are generally defined as companies that sell goods with inelastic demand
A statement of cash flows is an accounting report which describes the changes in cash flows, which is distinct from N.I.
Systematic risk is a.k.a. market risk, is the exposure of all investors to the broad movements of the market as a whole
Accounting records are the supporting documents that verify the history of transactions, audits, and reports
An account executive is an individual who has executive responsibility of the maintenance of client account
Times Interest Earned is analysis that compares the pre-tax earnings of a company to the total amount of interest payable
Form 5405 is the filing for those who sell their home or see it destroyed within 36 months of receiving the first...