Advertising

Nonredeemable

• Not permitted, under the terms of indenture, to be redeemed.

 
 Embedded terms in definition
 Indenture

<< Nonrecourse basis Nonrefundable >>

What Happens If a Bank Fails?: How the FDIC protects depositors, including providing quick access to insured funds. More...

If you really put a small value upon yourself, rest assured that the world will not raise your price. - Author Unknown

Advertising



Copyright 2009-2018 GVC. All rights reserved.