Which Joe gave his name to ‘sloppy joes’? We look at five interesting sandwiches and their lexical origins.
Denoting a bond that can be paid off earlier than the maturity date.
- ‘If your callable bond pays at least 1% more than newer issues of identical quality, it is likely a call could be forthcoming in the near future.’
- ‘The risk is that when buyers pay more than par for callable bonds, the interest they receive won't cover the premium if the bond is called, leaving them out of pocket.’
- ‘Since all the convertible bonds in our sample are also callable, noncallable corporate bonds were excluded from the sample.’
- ‘The negative values frequently exceed the spread-related costs of an arbitrage strategy designed to exploit the mispriced callable bond.’
- ‘If a corporate bond is callable, then the issuing company has the right to purchase the bond after some minimum time period.’
Are you looking for a word for a foolish person? We explore twelve interesting words to describe the dunderheads in your life.
Before you run for the hills, let’s run through a list of ‘run’ expressions that are running through our minds.
The definitions of ‘buddy’ and ‘bro’ in the OED have recently been revised. We explore their history and increase in popularity.