put provision
Definition
A relatively uncommon feature of a bond that allows the holder to redeem the bond at par value on specific dates prior to maturity. An investor might exercise a put provision if interest rates have increased since the bond was issued.
 Cite this definition
Related Terms
put
Related Research Articles from the InvestorGuide.com University
Other Types of Bonds
Find out about bonds issued by mortgage associations, savings bonds, Brady bonds, as well as those issued by other government agencies, and what the advantages and disadvantages of each type are.
Basic Bond Concepts
Read about the most important fundamental concepts of bonds, including par value, maturity, coupon, nominal and current yield, yield to maturity, and duration. We also explain what the various bond ratings mean.
Treasury Bonds
Learn about Treasury Bonds, Treasury Notes, CPI-Indexed Treasury Notes (TIPS) and Treasury Bills. Find out about the pros and cons of these kinds of investments.
Featured Sponsor
Start earning $200 to $900 a day working at home. No experience necessary. Money-back guarantee.
|
