irredeemable bond

A bond lacking a call feature or a right of redemption. Also refers to a perpetual bond. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Look at other dictionaries:

  • irredeemable bond — /ɪrɪ di:məb(ə)l bɒnd/ noun a government bond which has no date of maturity and which therefore provides interest but can never be redeemed at full value …   Dictionary of banking and finance

  • irredeemable — ir‧re‧deem‧a‧ble [ˌɪrɪˈdiːməbl◂] adjective FINANCE an irredeemable bond pays interest but has no maturity date (= date at which the borrower will repay the lender): • There are nine British government stocks outstanding which have no final… …   Financial and business terms

  • irredeemable — adjective Date: 1609 1. not redeemable: as a. not terminable by payment of the principal < irredeemable bond > b. inconvertible a 2. being beyond remedy ; hopeless < irredeemable mistakes > • irredeemably adverb …   New Collegiate Dictionary

  • Irredeemable — Ir re*deem a*ble, a. Not redeemable; that can not be redeemed; not payable in gold or silver, as a bond; used especially of such government notes, issued as currency, as are not convertible into coin at the pleasure of the holder. {Ir re*deem… …   The Collaborative International Dictionary of English

  • bond — An IOU issued by a borrower to a lender. Bonds usually take the form of fixed interest security issued by governments, local authorities, or companies. However, bonds come in many forms: with fixed or variable rates of interest, redeemable or… …   Big dictionary of business and management

  • bond — An IOU issued by a borrower to a lender. Bonds usually take the form of fixed interest securities issued by governments, local authorities, or companies. However, bonds come in many forms: with fixed or variable rates of interest, redeemable or… …   Accounting dictionary

  • Irredeemable Convertible Unsecured Loan Stock - ICULS — A type of security that can be used to purchase underlying common shares. It is similar to a warrant except that it is subject to the conversion ratio. In essence, an ICULS provides the benefits of a bond until it is converted to an equity. ICULS …   Investment dictionary

  • consol — Fin irredeemable U.K. government stocks carrying fixed coupons. Sometimes used as a general term for an undated or irredeemable bond …   The ultimate business dictionary

  • Irredeemableness — Irredeemable Ir re*deem a*ble, a. Not redeemable; that can not be redeemed; not payable in gold or silver, as a bond; used especially of such government notes, issued as currency, as are not convertible into coin at the pleasure of the holder.… …   The Collaborative International Dictionary of English

  • Antal E. Fekete — Infobox Person name = Antal E. Fekete image size = 200px caption = Antal Fekete birth name = Antal E. fekete birth date = birth date and age|1932|01|01 birth place = Budapest, EU death date = death place = education = Loránt Eötvös University… …   Wikipedia

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