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 Glossary   >   M   >   "Make Whole Call (Provision)" Definition   

        Make Whole Call (Provision)

A type of call provision in a bond allowing the borrower to pay off remaining debt early. The borrower has to make a lump sum payment derived from a formula based on the net present value (NPV) of future coupon payments not paid because of the call.

Make Whole Call (Provision)
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Make Whole Call (Provision) - A type of call provision in a bond allowing the borrower to pay off remaining debt early. The borrower has to make a lump sum payment derived from a formula based on the net present value (NPV) of future coupon payments not paid because of the call.


Make Whole Call (Provision) : a type of call provision in a bond allowing the borrower to pay off remaining debt early. the borrower has to make a lump sum payment derived from a formula based on the net present value (npv) of future coupon payments not paid because of the call.