call protection clause

call-protection clause. A clause in a bond issue or a callable-preferred-stock issue prohibiting the issuer from recalling the security during a specified period. [Cases: Corporations 68, 473. C.J.S. Corporations §§ 177, 180–183, 670.]

---

词条贡献者

译员William，毕业于欧洲顶尖的高级翻译学院，专注翻译各种与区块链技术与数字货币有关的法律文件。