callable

(redirected from Callability)
Also found in: Thesaurus, Financial.

call·a·ble

 (kô′lə-bəl)
adj.
1. Capable of being called: a dog not callable by any name.
2. Subject to being redeemed at the demand of the issuer: callable bonds.

callable

(ˈkɔːləbəl)
adj
1. (Banking & Finance) (of a security) subject to redemption before maturity
2. (Banking & Finance) (of money loaned) repayable on demand

call•a•ble

(ˈkɔ lə bəl)

adj.
1. capable of being called.
2. subject to payment on demand.
[1820–30]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.callable - subject to a demand for payment before due date; "callable bonds"
due - owed and payable immediately or on demand; "payment is due"
Translations

callable

[ˈkɔːləbəl] ADJ (Fin) → redimible, amortizable

callable

adj (Fin) moneyabrufbar; securitykündbar
Mentioned in ?
References in periodicals archive ?
In addition, it suggests that callability is unlikely to be a key driving force behind secular movements in the Aaa-Treasury spread, because Refcorp bonds are not callable.
The callability of the bond is offset by an enhanced yield, to compensate the investor for the uncertainty created by the call option.
Callability in a deposit will then be a distinguishing feature for offering differential rates on interest on deposits," said RBI.
Callable is equal to one if the bond is callable and zero otherwise and should be positively related to spread if callability represents prepayment risk from the bondholder's perspective.
Second, we do not include callability as a variable, as callability is much less of a factor in pricing of ABS.
Also called the bond agreement, bond covenant, or deed of trust, this is the written agreement setting forth the bond terms, such as maturity date, interest rate, and callability.
Callability is the most common provision and appears in 86 percent of the warrant agreements.
Other control variables incorporated by Ingram and Wilson (1999) into a baseline NIC model include credit enhancement, issuing frequency, and callability.
Callability of the loans means that there is likely to be demand from mortgagees to buy mortgage bonds when prices fall, reducing the risk of negative equity by refinancing into a loan closer to the property value.
In particular, we control for bond maturity, coupon rate, callability, sinking fund provisions, subordinate debt, and 144a issues.
Investors may employ hedging strategies and tools to reduce risk, or even "immunize" their investment holdings in stocks, bonds and other debt instruments, commodities, futures, and other investments against almost any conceivable risk, including market risk, sector or industry risk, company or business-specific risk, purchasing power risk, currency risk, interest rate risk, country-specific risk, reinvestment risk, liquidity risk, callability risk, default or credit risk, selection risk, management or agency risk, etc.
Holding period returns and bond values depend on interest rate term structure dynamics, bond coupon rates relative to term structure yields, contractual provisions (such as callability or convertibility), and creditworthiness of issuers.