callable

[ kaw-luh-buhl ]

adjective

1. capable of being called.
2. subject to redemption prior to maturity, as a corporate bond.
3. subject to payment on demand, as money loaned.

callable

/ ˈkɔːləbəl /

adjective

1. (of a security) subject to redemption before maturity
2. (of money loaned) repayable on demand

Word History and Origins

Origin of callable¹

First recorded in 1820–30; call + -able

Example Sentences

Lakshmi Shyam-Sunder, the World Bank's chief risk officer, said the ratings agencies had shown some openness to considering revisions in how they treat callable capital in the banks' balance sheets.

From Reuters

As a next step, Yellen said Treasury had asked the MDBs to prioritize incorporating "a prudent share" of callable capital — the commitment from shareholders to step in in extreme circumstances — into their capital adequacy frameworks.

From Reuters

Treasury official told Reuters that the department is working to develop rules for callable capital so that decisions could be made by April 2024.

From Reuters

The Treasury official said World Bank governors were expected to sign off on the new measures this week and mapped out previously unreported details on the callable capital issue, including the timetable for action.

From Reuters

The bank is also examining other ways to expand lending, including providing more loan guarantees, lending against callable capital that is pledged but not paid-in, and special bonds that can serve as hybrid capital.

From Reuters