callable Definition
able to be called, especially able to be redeemed or repaid before the end of a fixed period.
Using callable: Examples
Take a moment to familiarize yourself with how "callable" can be used in various situations through the following examples!
Example
The bond is callable after five years.
Example
The loan is callable at any time.
Example
The deposit is callable with a penalty.
callable Synonyms and Antonyms
Synonyms for callable
📌
Summary: callable in Brief
The term 'callable' [ˈkɔːləbl] refers to something that can be called, especially redeemed or repaid before the end of a fixed period. It is often used in finance and investment contexts, such as 'The bond is callable after five years.' 'Callable' can also refer to deposits or loans that can be recalled or repaid at any time.
