Series 51: Callable

Taken from our Series 51 - MSRB Municipal Fund Securities Limited Principal Qualification Exam

Definition of the term Callable...

a condition for certain securities that allows the issuer to buy the securities back from investors at a specified time and price prior to maturity.

Since you're reading about Series 51: Callable, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 51
Please Enable Javascript
to view this content!