Calamity Call

Business, Legal & Accounting Glossary

Definition: Calamity Call


Calamity Call


Full Definition of Calamity Call


A Collateralized Mortgage Obligation (CMO) clause that limits reinvestment risk to the issuer. A portion of the CMO is retired if there is not enough cash flow to make the payments scheduled for interest and principle. Also called clean-up call.


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https://payrollheaven.com/define/calamity-call/
Modern Language Association (MLA):
Calamity Call. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 06, 2021 https://payrollheaven.com/define/calamity-call/.
Chicago Manual of Style (CMS):
Calamity Call. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/calamity-call/ (accessed: December 06, 2021).
American Psychological Association (APA):
Calamity Call. PayrollHeaven.com. Retrieved December 06, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/calamity-call/

Definition Sources


Definitions for Calamity Call are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.