callable
[ kaw-luh-buhl ]
adjective
capable of being called.
subject to redemption prior to maturity, as a corporate bond.
subject to payment on demand, as money loaned.
Origin of callable
1Words Nearby callable
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use callable in a sentence
To account for that “call” risk the city received a higher interest rate compared to non-callable, or “bullet” investments available at the time.
Did Oceanside’s Treasurer Lose the City Millions of Dollars? It’s Complicated | Ashly McGlone and Tigist Layne | August 16, 2022 | Voice of San Diego
British Dictionary definitions for callable
callable
/ (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
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