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.

Related Links

synonyms for callabledescribing words for callable
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