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call yield premium
callable at a premium
callable at a premium (Bonds)
Madden, Samuel Molyneux [called Premium Madden] (1686–1765), writer and benefactor
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1 The premium paid to purchase a call option.
2 (redemption premium) The amount over par value that the bond issuer must pay an investor if the security is redeemed early. See callable bonds; call provision.
A Dictionary of Finance and Banking »
Financial Institutions and Services.
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