—可赎回债券赋予公司一项权利，可以从持有者手中以特定的赎回价格回购债券。

Callable bonds give the firm the option to repurchase the bond from the holder at a stipulated call price.

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所有或其中一些权利将从公司的潮流的净收益被开发，持续的私下认募节目可赎回，益利分配公司债务。

All or some of these rights are to be developed from the net proceeds of the company's current, ongoing private placement program of redeemable, profit sharing debentures.

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