Definition of Callable bond

1. Noun. (finance) A bond that can be called (redeemed) by the issuer prior to its maturity, on certain call dates, at call prices. On the call dates, the issuer has the right, but not the obligation, to buy back the bonds from the bond holders at the call price. Technically speaking, the bonds are not really bought and held by the issuer, but cancelled immediately or no longer accrue interest at the original coupon rate. ¹



¹ Source: wiktionary.com

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Lexicographical Neighbors of Callable Bond

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
calla lily
callability
callable
callable bond (current term)
callable bonds
callables
callaghanite
callaloo
callaloos
callan
callans
callant
callants
callathump
callback
callbacks
callboard
callboards

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