Meanings
plural callable bonds
- businessA bond that can be called (redeemed) by the issuer prior to its maturity, on certain call dates, at call prices. On the call dates, the issuer has the right, but not the obligation, to buy back the bonds from the bond holders at the call price. Technically speaking, the bonds are not really bought and held by the issuer, but cancelled immediately or no longer accrue interest at the original coupon rate.
Synonyms: redeemable bond
Synonyms & antonyms
nounA bond that can be called (redeemed) by the issuer prior to its maturity, on certain call dates, at call prices. On the call dates, the issuer has the right, but not the obligation, to buy back the bonds from the bond holders at the call price. Technically speaking, the bonds are not really bought and held by the issuer, but cancelled immediately or no longer accrue interest at the original coupon rate.
Cite this entry
callable bond. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/callable%20bond
“callable bond.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/callable%20bond. Accessed November 4, 2026.
WatkinsX Dictionary, s.v. “callable bond,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/callable%20bond.
Source: callable bond on Wiktionary, CC BY-SA 4.0.