callable

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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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

callable

(ˈkɔːləbəl)
adj
1. (Banking & Finance) (of a security) subject to redemption before maturity
2. (Banking & Finance) (of money loaned) repayable on demand
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

call•a•ble

(ˈkɔ lə bəl)

adj.
1. capable of being called.
2. subject to payment on demand.
[1820–30]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

callable

[ˈkɔːləbəl] ADJ (Fin) → redimible, amortizable
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

callable

adj (Fin) moneyabrufbar; securitykündbar
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
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References in periodicals archive ?
callability. The issue arises because BCA [section] 601 never uses the
Accounting for callability. Many corporate bonds are callable, while Treasuries are not (at least since 1985).
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.
The convertible bonds are difficult to be priced due to embedded American-style options from the provisions, such as callability and puttability, where the ability of the issuing firm to exercise its options depends on the path of the underlying stock price.
As described in Clifford Smith and Jerold Warner's classic analysis, covenants can be divided into a number of categories: restrictions on the firm's production/investment policy (including restrictions on disposition of assets); restrictions on distributions (including restrictions on the payment of dividends, share purchases, and other forms of distribution); restrictions on subsequent financing (including limitations on issuing higher-priority debt and guarantees); modification of payoffs (including sinking funds, conversion rights, and callability); and bonding activities (including required reports, specification of accounting standards, and officer certificates of compliance).
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. A failure of the issuer to meet the contractual terms of the bond indenture results in a default of the bond issue.
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. Credit enhancements such as bond insurance lower default risk for investors, and therefore, the NIC demanded on the bond issue.
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.