http://209.85.135.104/search?q=cache:1htACdLO...Puttable Bonds: Investoren haben die Möglichkeit, Anleihen vorzeitig zurückzugeben. Dadurch kann sich der Anleger vor dem Ausfallrisiko des Emittenten schützen.
http://glossary.reuters.com/index.php/PuttablePuttable
From Reuters Financial Glossary
A bond is described as puttable, or having a put feature, when the holder has the right to sell the bond back to the issuer at a specific date before maturity.
http://www.investopedia.com/terms/p/puttablec... Common stock that gives investors the option to put the stock back to the company at a predetermined price.
Investopedia Says... With puttable common stock, investors have the option of selling their shares back to the issuer at a predetermined price. Typically, this price is relatively low, so the option to put acts merely as a type of insurance for investors, sweetening the security.
http://209.85.135.104/search?q=cache:YQHqEVAN...Ein Finanzinstrument, das den Inhaber zur Rückgabe an den Emittenten gegen flüssige Mittel oder andere
finanzielle Vermögenswerte berechtigt („kündbares Instrument“), stellt eine finanzielle Verbindlichkeit dar.