callable

American  

[kaw-luh-buhl] / ˈkɔ lə bəl /

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.

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callable British  

/ ˈkɔːləbəl /

adjective

1. (of a security) subject to redemption before maturity

2. (of money loaned) repayable on demand

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Etymology

Origin of callable

First recorded in 1820–30; call + -able

Example Sentences

The Act also authorized the Treasury to sell 6% bonds callable in five years, maturing in 20, which are nicknamed “5-20s.”

From The Wall Street Journal • Feb. 25, 2026

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 • Sep. 26, 2023

Schwab's sale of $1 billion in three-year bonds and $1.35 billion in 11-year bonds - callable after 10 years - attracted investor orders worth three times the amount sought by the company.

From Reuters • Aug. 23, 2023

The bond is expected to be rated A- by S&P Global, and will be callable, giving the issuer the right to redeem after five years, according to the term sheet.

From Reuters • Aug. 7, 2023

Securities -- N. securities, stocks, common stock, preferred stock, bonds, puts, calls, options, option contract, warrants, commercial paper, bearer bond, tax-exempt bond, callable bond, convertable bond†. share, stock certificate; coupon, bond coupon. liquid assets.

From Roget's Thesaurus of English Words and Phrases by Roget, Peter Mark