Dictionary
Thesaurus
Encyclopedia
Translator
Web

doubling option

 - 1 dictionary result
Financial Dictionary

doubling option

A provision in some indentures that allows the borrower, at his or her option, to retire twice as many bonds as stipulated under a sinking fund requirement. The additional retirements take place at or near par, so that the option is used during periods of low interest rates. Thus, the provision operates to the disadvantage of investors. Compare sinking fund provision. See also call provision.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Search another word or see doubling option on Thesaurus | Reference
FacebookTwitterFollow us: