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- user notice: The custom_breadcrumbs_nodeapi() function called token replacement with an array rather than a string for $text in /home/waccount/public_html/sites/all/modules/token/token.module on line 263.
- user notice: The custom_breadcrumbs_nodeapi() function called token replacement with an array rather than a string for $text in /home/waccount/public_html/sites/all/modules/token/token.module on line 263.
bond or preferred stock issue with a CALL PROVISION. The provision in the indenture or referred stock agreement allows an issuing company to redeem the security early. When interest rates are expected to decline, a call provision in the bond issue is desirable from an issuer's standpoint. Such a provision enables the firm to buy back the high-interest security and issue a lower-interest one.