callable

adjective

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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 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 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. — Dana Hull, Bloomberg.com, 3 May 2017 The preferred shares pay a dividend of 10 percent and are callable after three years at a 10 percent premium. — Portfolio.com, WIRED, 1 Oct. 2008

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.