called away

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Called away

Convertible: Redeemed before maturity.
Option: Call or put option exercised against the stockholder.
Sale: Delivery required on a short sale.

Called Away

Describing a situation in which a contract must be completed, depriving an investor of potential gains. For example, if an option is exercised, the person who owns the underlying must buy or sell it at the agreed upon price, which is usually different from its fair market value, to the disadvantage of the owner. "Called away" is a term most often used with options that are exercised, short sales that must be delivered, or a bond redeemed before maturity.

called away

Used to refer to the forced sale of a security by an investor because of the action of another party. For example, the writer of a call option has the underlying stock called away when the call owner exercises the option. Likewise, a bondholder may have bonds called away by the issuer if interest rates decline and the issuer decides to redeem a portion of the issue before maturity. In nearly all cases, a call works to the disadvantage of the owner of the security.
References in periodicals archive ?
JUST A PHONE CALL AWAY: Brenda Green, right, with her Care Link teamPicture by IAN COOPER
But if they want me to play I'm only a phone call away "They are pretty stubborn and don't want to admit they are wrong.
Baldy Bullet Company is only a click of the mouse or a phone call away.
Fortunately for military recruits who become stranded, a hot meal, a comfortable bed or a sympathetic era is only a phone call away.
For people concerned about exposure to these toxins, help is just a phone call away.
That's right--bragging rights of experiencing the best of Chicago, Washington, D.C., San Diego, Orlando, Dallas and Atlanta, among others, are just a phone call away. So next time you're chiding yourself for driving past the Sears Tower again on your way to O'Hare, make a mental note to check out Wyndham for your next business trip and stay an extra day to do what you want to do.
A bingo call away from its old home - the now demolished former Hippodrome - the venue will hold up to 1,000 players, with the firm predicting 5,000 customers each week.
Usually the alert is the result of client testing, but if a serious problem is detected maintenance and repair is only a Gateway Telephone call away, he says.
These four women work for men who treat them like chattel, and they are all just one phone call away from being replaced.
Pickup by drum reconditioners was usually a phone call away. But these uses are fast fading.
Tim, a Purdue University graduate with 18 years' experience in mechanical goods compounding, underscores our commitment to having knowledgeable technical support only a phone call away.
'I'm only one call away. I'll be there to save your day.