callable

adjective

call·​able ˈkȯ-lə-bəl 

: 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

Yield-to-worst is the lowest possible yield on a callable bond, barring default. — Michelle Fox, CNBC, 13 Jan. 2026

If creative tools become callable from many AI interfaces, the front door to creative work changes. — Ron Schmelzer, Forbes.com, 3 June 2026

The bond component will have a tenor of no more than 7 years, and will be non-callable for no more than 3 years, and the loan component will be non-callable for no more than 1 year. — Todd Spangler, Variety, 17 Feb. 2026

For callable bonds, YTC may be the more relevant figure—especially when falling interest rates increase the likelihood of a call. — Encyclopedia Britannica, 2 Apr. 2026

Word History

First Known Use

1826, in the meaning defined above

Legal Definition

callable

adjective

call·​able

: capable of being called

specifically : subject to a demand for presentation for payment

a callable bond