Definition of Callable

1. Adjective. Subject to a demand for payment before due date. "Callable bonds"

Similar to: Due
Derivative terms: Call

Definition of Callable

1. Adjective. (computing) That can be called. ¹

2. Adjective. (finance) That may be redeemed by its holder before it matures. ¹

3. Noun. (finance) A callable bond. ¹

¹ Source:

Definition of Callable

1. call [adj] - See also: call

Lexicographical Neighbors of Callable

call the shots
call the tune
call them as one sees them
call to account
call to mind
call to order
call to prayer
call to the bar
call up
call ups
call value
call waiting
calla lily
callable (current term)
callable bond
callable bonds

Literary usage of Callable

Below you will find example usage of this term as found in modern and/or classical literature:

1. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1920)
"147, relating to highway bonds, does not require all bonds to be made callable or optional bonds, but merely provides for calling designated bonds before ..."

2. The Financing of Public Service Corporations by Milton Berge Ignatius (1918)
"Redeemable, callable, and Optional Bonds The maturity of a bond may or may not fall into a period when the corporation can refund the obligation ..."

3. Multilateral Developmenet Banks: Profiles of Selected Multilateral by Jeffrey C. Steinhoff (2001)
"The amount needed for subscriptions to callable capital should be expected to increase as members agree to further capital replenishments for the MDBs. ..."

4. Railroad Bonds: Information, Comparisons, 1921 by Harris, Forbes & Co., New York, Forbes & Co Harris (1921)
"1, 1925, inclusive. (r) retirement provided by Ref. & Ext. callable at ... callable at 102 J^ and int. on any * Company pays normal Federal Income int. date ..."

5. Asian Development Bank: Questions & Answers by Diane Publishing Staff (1992)
"23 What is the relationship between borrowings and callable capital? ... callable capital is available for the protection of the Bank's creditors (for ..."

6. The North American Almanac (1922)
"callable on and after June 15, 1932. Second Liberty Loan 4's—Dated Nov. 15, 1917. ... Not callable. Victory Liberty Loan 33/4's and 4%'B—Dated May 20, 1919. ..."

7. Housing Finance in Transition Economies by Takahiro Yasui, Centre for Co-operation with Non-members (2002)
"In this way a complicated 30-year callable security was broken ... Most of the debt is long-term callable debt that is issued in a way that hedges against ..."

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