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noncallability

Noun CEFR C2

Definitions

The property of not being callable.

uncountable

Examples

“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.”

CEFR level

C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
See all C2 English words →

See also

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