- bond issuer's right to redeem a bond at current value before its maturity date. Also called call provision.
- contract giving the buyer of an option the right to purchase currencies, financial futures, or securities at a stated price, called the exercise price.
the right, purchased by an investor, to buy a certain number of shares of a particular stock or stock index at a predetermined price before a preset deadline. The gain or loss on a call is a short-term or long-term capital gain, depending on the holding period. If the call expires before exercise, it is treated as a short-term gain or loss.
right to buy 100 shares of a particular stock or stock index at a predetermined price before a preset deadline, in exchange for a premium. For buyers who think a stock will go up dramatically, call options permit a profit from a smaller investment than it would take to buy the stock. These options can also produce extra income for the seller, who gives up ownership of the stock if the option is exercised.
contract that gives the insurance company the right, not the obligation, to buy a stipulated stock or bond at a specified price (strike price) at or before the date of expiration of the contract.
