deferment period

Period of Call Protection

In callable bonds, a period of time during which a bond may not be prematurely redeemed. Interest payments are guaranteed during the call protection period but not afterward. The bond may be redeemed at any point after the call date, which means that the issuer could return the principal to bondholders and interest payments would cease. The period of call protection exists to protect bondholders from the risk that interest rates will fall before the call date. The period of time is often called the cushion.

deferment period

The period following the issue of a security during which it cannot be called by the issuer. Also called deferred call period, period of call protection, preferred call period. See also call protection.
References in periodicals archive ?
The retiree using RIS allocates a portion of her financial assets to the purchase of a deferred annuity, and draws the remainder as spendable funds during the deferment period. At the end of that period, her assets are gone and her spendable funds thereafter come from the annuity.
"A legal interest of six percent per annum shall be imposed on the substituting penalty delinquency upon payment either in full or on installment after the one-year deferment period," Dooc added.
'A legal interest of 6 percent per annum shall be imposed on the substituting penalty delinquency upon payment either in full or on installment after the one-year deferment period,' he added.
However, Azmin said he agreed with Khaw that if the deferment period is beyond two years, the business model would certainly change with the cost continuing to escalate.
Mohamed Azmin said the decision was reached after a series of talks with the Singapore government, and an agreement was reached that Malaysia would not have to pay any compensation to Singapore during the deferment period.
Judge Bidder said: "If she complies to the letter with these requirements, I would expect not to send her to prison immediately at the end of the deferment period.
While this may put money back in borrowers' pockets, unless they are in an approved forbearance or deferment period, they will become delinquent, and will eventually default on their loans.
These includes potential for herbage accumulation during the end of summer and beginning of dry season and a slow decreasing in nutritional value throughout the deferment period (EUCLIDES et al., 2007).
Nitrogen fertilization can allow greater flexibility in the pasture deferment period, since nitrogen increases the growth rate of the grass and thus the amount of forage produced per unit time (Santos, Fonseca, Balbino, Monnerat & Silva, 2009a).
Interest will continue to accrue during deferment period. At a rate of 1.49% APR, your estimated monthly payment for 48 months would be $21.48 for each $1,000 borrowed.