callable
IPA: kˈɔɫʌbʌɫ
noun
- (programming) An object of a type that can be called, such as a function.
- (finance) A callable bond.
adjective
- (programming) That can be called.
- (finance) That may be redeemed by its holder before it matures.
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Examples of "callable" in Sentences
- Where does this idea of "callable" debt come from?
- Some bonds are freely callable, meaning they can be redeemed anytime.
- What's New in This Release: [read full changelog] · Closures are now "callable".
- Many bonds are callable, meaning the issuer can choose to pay off the bond early.
- Additionally, we called some higher priced brokered CDs and replaced them with lower cost, longer term callable brokered CDs.
- The contracts are callable, which is to say that they can terminate early if the underlying moves too far in the wrong direction.
- Redeemable -- Most preferreds are also redeemable, or "callable," meaning the issuer has the right to call (redeem) the shares after a stated date.
- Those bonds, like many munis, are "callable," meaning Illinois can retire them as early as 2018, in which case the effective yield drops to about 4.25%.
- We continue to fund a portion of our assets through long term callable brokered CDs, giving the bank flexibility should interest rates change in the future.
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