callable bond Meaning in the Cambridge English Dictionary
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Meaning of “callable bond” in the English Dictionary

"callable bond" in Business English

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callable bondnoun [C]

uk   us   FINANCE, STOCK MARKET
a ​bond that can be ​bought back before the ​time when it would ​normally mature (= become ​ready to be ​paid) by the ​company or ​government that ​sold it: The early ​repayment of callable ​bondsresults in shortened ​portfolio durations.
(Definition of callable bond from the Cambridge Business English Dictionary © Cambridge University Press)
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