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Make whole provision
The financial definition for Make whole provision:
Related to the lump-sum payments made when a loan or bond is called, equal to the NPV of future loan or coupon payments not paid because of the call. The payment can be significant and negate the attractiveness of a call.
Similar MatchesCall provisionCall provision An embedded option granting a bond issuer the right to buy back all or part of an issue prior to maturity.
Fair price provisionFair price provision See:Appraisal rights
Porcupine provisionPorcupine provision Often used in risk arbitrage. See: Shark repellent.
Further Suggestions Provisional call feature
Put provision
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