Meanings
- uncountablebusinessThe property of not being callable.
Without the noncallability feature, the company could be expected to call the bonds and replace them with an issue carrying a lower interest rate if interest rates fell enough to justify the cost of refinancing.
1965, Charles J. Christenson, Strategic Aspects of Competitive Bidding for Corporate Securities, page 22
Cite this entry
noncallability. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/noncallability
“noncallability.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/noncallability. Accessed November 3, 2026.
WatkinsX Dictionary, s.v. “noncallability,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/noncallability.
Source: noncallability on Wiktionary, CC BY-SA 4.0.