callable

American

[kaw-luh-buhl] / ˈkɔ lə bəl /

adjective

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

callable British

/ ˈkɔːləbəl /

adjective

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of callable

First recorded in 1820–30; call + -able

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023