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call·able | \ ˈkȯ-lə-bəl 
\
\Definition of callable
: capable of being called specifically : subject to a demand for presentation for payment callable bond
Examples of callable in a Sentence
Recent Examples on the Web Even more appealing for borrowers, the loans are callable from day one, giving companies great flexibility to refinance on the spot if rates decline.
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Larry Light, Fortune, "A Decade After the Financial Crisis, Corporate Finance Must Contend with These New Ticking Debt Time Bombs," 29 Dec. 2019 For that, the bank has around $9 billion at its disposal, plus another $73.6 billion in callable capital at the end of March.
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Nina Trentmann, WSJ, "China-Led Infrastructure Bank Secures AAA Rating from Fitch," 14 July 2017 None of the bonds are callable, and holders likely would want to see the shares rise past the conversion price to make up for any forgone interest.
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Dana Hull, Bloomberg.com, "Tesla's Stock Surge Is a Chance to Clean Up Its Balance Sheet," 3 May 2017 The preferred shares pay a dividend of 10 percent and are callable after three years at a 10 percent premium.
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Portfolio.com, WIRED, "Buffett Brings G.E. to Light," 1 Oct. 2008
See MoreThese example sentences are selected automatically from various online news sources to reflect current usage of the word 'callable.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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The first known use of callable was in 1826
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