WORD OF THE DAY: CALL FEATURE - Also known as call provision, the stipulation in most bond indentures that permits the issuer to repurchase securities at a fixed price or at a series of prices before maturity. This provision operat ... More
Glossary Term: FIRST MEETING OF CREDITORS (341 MEETING)
Definition(s) for FIRST MEETING OF CREDITORS (341 MEETING):
1. ) a mandatory meeting between creditors and the debtor. It is commonly held within a month of the bankruptcy filing but often occurs later when the debtor has filed its schedules of financial information.
Fund Letters
