closed period
Definition 1
The period of time between a callable bond's issuance and when it is eligible to be called by the issuing company.
Definition 2
A period of time in which a commercial mortgage cannot be prepaid. The closed period prevents holders of a commercial mortgage from paying off the mortgage and refinancing before a certain date.
The period of time between a callable bond's issuance and when it is eligible to be called by the issuing company.
Definition 2
A period of time in which a commercial mortgage cannot be prepaid. The closed period prevents holders of a commercial mortgage from paying off the mortgage and refinancing before a certain date.
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