Definition of noncallable in English:

noncallable

adjective

  • (of stocks and bonds) not subject to redemption before a certain date or until maturity.

    • ‘Yet, inexplicably, Treasury officials decided at that time of record-high interest rates to make 30-year bonds noncallable.’
    • ‘So why buy noncallable bonds, especially since their yields are lower than callables?’
    • ‘Since all the convertible bonds in our sample are also callable, noncallable corporate bonds were excluded from the sample.’
    • ‘The data used was the set of all outstanding noncallable Government of Canada bonds for which at least one bid price was available between April 1992 and March 1995.’
    • ‘The notes and accompanying interest payments are backed by the full faith and credit of the issuer and are either callable or noncallable.’

Pronunciation:

noncallable

/nänˈkôləbəl/