Election Period

The period of time during which the holder can elect to extend and extendible bond, or to retract a retractable bond.

Election Period

In extendable bonds and retractable bonds, a period of time during which a bondholder must inform the issuer whether or not he/she intends to exercise the option to extend or retract. Both types of bonds allow a bondholder to change the maturity date and either move it forward or push it back, depending upon the bondholder's interests and investment goals. However, if he/she is to take advantage of this feature, he/she must inform the issuer during the election period.

单词	election period
释义	Election Period Election Period The period of time during which the holder can elect to extend and extendible bond, or to retract a retractable bond. Election Period In extendable bonds and retractable bonds, a period of time during which a bondholder must inform the issuer whether or not he/she intends to exercise the option to extend or retract. Both types of bonds allow a bondholder to change the maturity date and either move it forward or push it back, depending upon the bondholder's interests and investment goals. However, if he/she is to take advantage of this feature, he/she must inform the issuer during the election period.
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