单词 | EMBEDDED OPTION |
释义 | Provision giving a party specific rights to take specific actions under specific conditions as a part of an agreement. Examples in the bond market are a ‘callable bond’ and a ‘putable bond,. The callable bond has an embedded option allowing the issuer to redeem the bond before its stated maturity date. In contrast, the putable bond allows its holder to redeem early. Known also as embeddo. |
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法律词典收录了41026条英汉双解法律词条,基本涵盖了常用法律英语单词及短语词组的翻译及用法,是法律学习的有利工具。