callable

adjective

call·​able ˈkȯ-lə-bəl How to pronounce callable (audio)
: 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 The issue is callable on any dividend payment date at par plus declared and unpaid dividends. Moneyshow, Forbes, 10 Jan. 2023 Federal government bonds are never callable. Dallas News, 20 Dec. 2020 Some investors had speculated that the $1.1 billion note is structured as a callable bond, which would allow Genesis creditors to demand immediate repayment of the $1.1 billion in the event of a Genesis bankruptcy. Vicky Ge Huang, WSJ, 10 Jan. 2023 Call date: Issuers of callable preferred stocks give shareholders the right to redeem preferred stocks for a specific dollar amount, as stated in the prospectus, after a certain date—known as the call date. Kaitlyn Koterbski, Fortune, 19 Dec. 2022 Regular callable bonds have predetermined call dates accompanied with the premium price the issuer will pay on each call date. Marilyn Cohen, Forbes, 20 Apr. 2021 These bonds are non-callable and have a make whole call provision. Marilyn Cohen, Forbes, 20 Apr. 2021 Even more appealing for borrowers, the loans are callable from day one, giving companies great flexibility to refinance on the spot if rates decline. Larry Light, Fortune, 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. Nina Trentmann, WSJ, 14 July 2017

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'callable.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1826, in the meaning defined above

Time Traveler
The first known use of callable was in 1826

Dictionary Entries Near callable

Cite this Entry

“Callable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/callable. Accessed 19 Jul. 2024.

Legal Definition

callable

adjective
call·​able
: capable of being called
specifically : subject to a demand for presentation for payment
a callable bond
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