noncallable bond

NOUN
16 LETTERS · STARTS WITH N

noncallable bond is a valid 16-letter word worth 22 points in Scrabble and 31 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
N1O1N1C3A1L1L1A1B3L1E1B3O1N1D2
1 + 1 + 1 + 3 + 1 + 1 + 1 + 1 + 3 + 1 + 1 + 0 + 3 + 1 + 1 + 2 =22 PTS
DOUBLE WORD → 44TRIPLE WORD → 66
MEANING

What does noncallable bond mean?

NOUN · 1 SENSE
1

A bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity).