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Optional Calls

These are calls that may or may not happen. They may or may not be in part or in whole because nobody knows for sure what will happen until it happens.

Related Terms:

Mandatory Calls
The issuer has a mandated savings account (the sinking fund) and is required to make deposits ...

Special Memorandum Account
(SMA) - A holding place for available cash, a double bookkeeping entry.It increases when:A client’s portfolio ...

The difference between estimated transaction costs and actual transaction costs. The difference is usually composed of ...

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