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.]

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词条贡献者

资深译员Fang，毕业于美国一流的高级翻译学院，专注翻译各种与主权及机构投资有关的法律文件。