from The American Heritage® Dictionary of the English Language, 4th Edition
- adj. Capable of being called: a dog not callable by any name.
- adj. Subject to being redeemed at the demand of the issuer: callable bonds.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. That can be called.
- adj. That may be redeemed by its holder before it matures.
- n. A callable bond.
from the GNU version of the Collaborative International Dictionary of English
- adj. subject to a demand for payment or redemption before the due date; -- of financial instruments.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- adj. subject to a demand for payment before due date
Sorry, no etymologies found.
We continue to fund a portion of our assets through long term callable brokered CDs, giving the bank flexibility should interest rates change in the future.
Additionally, we called some higher priced brokered CDs and replaced them with lower cost, longer term callable brokered CDs.
The contracts are callable, which is to say that they can terminate early if the underlying moves too far in the wrong direction.
Those bonds, like many munis, are "callable," meaning Illinois can retire them as early as 2018, in which case the effective yield drops to about 4.25%.
Many bonds are callable, meaning the issuer can choose to pay off the bond early.
What's New in This Release: [read full changelog] · Closures are now "callable".
Where does this idea of "callable" debt come from?
Some bonds are freely callable, meaning they can be redeemed anytime.
Redeemable -- Most preferreds are also redeemable, or "callable," meaning the issuer has the right to call (redeem) the shares after a stated date.
This can be used with wildcard mappings by specifying wildcardModule = ": callable".