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Call Price Defined

The price at which an issuer may redeem a bond prior to its maturity, or a preferred stock that has a call provision--also known as "redemption price." The issuer reimburses holders for their loss of income and ownership by paying a call premium--the call price is usually higher than the security's par value, the difference being the call premium.

See Also: Bond; Call Features Of A Bond; Call Premium; Call Protection; Maturity Date; Par; Preferred Stock; Redemption

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Off-site Call Price Links, User Submitted

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