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redemption provisions

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 302 U.S. 329 - Smyth v. United States · 1937Most cited · 190 citing opinions

The so-called redemption provisions of the bonds are provisions for the acceleration of maturity at the pleasure of the Government, and upon publication of the notice of call for the period stated in the bonds the new date became substituted for the old one as if there from the beginning.