callable
kaw luh buhl
- s subject to a demand for payment before due date
callable bonds
- Since January 1953, it has reduced the amount of Government securities maturing or callable from $74 billion to $63 billion.
- The Treasury's next big financing job comes in 1932 and 1933 when the first ($1,930,000,000) and fourth ($6,270,000,000) Liberty bond issues are callable.
- Many preferred shares are "callable," meaning that the issuing company has the right to cancel them on a certain date if interest rates have fallen sharply.