Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- adjective finance Having the
right to be sold at a predetermined price.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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Liquid yield option notes -- called LYONs -- are a zero-coupon bond that is callable by the issuer, putable by the investor and convertible at the request of their holders into shares of the issuing company.
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The really important world outside was a world hard, cold, colourless, silent and dead; a world of quantity, a world of mathematically com - putable motions in mechanical regularity
Dictionary of the History of Ideas MARJORIE HOPE NICOLSON 1968
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We have a very considerable interest in having the classification of this planet established, and we also feel that this may not be the last time a question of dis-putable sapience may arise.
The Fuzzy Papers Piper, H. Beam 1962
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During the second quarter of 2011, we modified $4.0 billion of structured putable borrowings to eliminate the put option thereby further reducing our interest rate risk.
unknown title 2011
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As part of the Restructuring Transaction, we paid off $12.5 billion of structured putable borrowings and re-borrowed $5.0 billion of new short-term fixed-maturity borrowings.
unknown title 2011
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Current cash to putable debt is 3.6x and the investment portfolio is liquid with $740 million available within three days.
unknown title 2011
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The extinguishment of structured putable borrowings was a necessary step in our efforts to reduce our interest rate risk and eliminate some of the liquidity uncertainties of borrowings that are putable at the discretion of the lender.
unknown title 2011
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Hudson City bought back $12.5 billion of so-called structured putable borrowings from the Federal Home Loan Bank of New York and some of the "larger Wall Street financial houses," according to a filing yesterday from the Paramus, New Jersey-based lender.
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During the first quarter of 2011, the Bank completed a restructuring of its balance sheet the "Restructuring Transaction" which resulted in the extinguishment of $12.5 billion of structured putable borrowings with an average cost of 3.56%.
unknown title 2011
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These increases were due primarily to the effects of the Restructuring Transaction which included the extinguishment of $12.5 billion of structured putable borrowings with an average cost of 3.56%.
unknown title 2011
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