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Definition of callable
: capable of being called; specifically : subject to a demand for presentation for payment callable bond
From the M-W Editors
Recent Examples of callable from the Web
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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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The preferred shares pay a dividend of 10 percent and are callable after three years at a 10 percent premium.
These 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.
First Known Use of callable
1826
Law Dictionary
callable
adjective
call·able
Legal Definition of callable
: capable of being called; specifically : subject to a demand for presentation for payment a callable bond
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