0 callable bonds, shares, or similar investments can be bought back before the time when they would normally mature by the company or government that sold them :
1 a callable loan must be paid back when the financial organization or person who lent the money demands payment:
In less developed or liquid capital markets, these could be structured in the form of callable bonds.
In less developed or liquid capital markets, the option feature could be implicit in the form of callable bonds, with the enhanced coupons characteristic of such bonds.
Half of this was in paid-up shares and half in callable shares.
I am assured, on better authority than my own, that it is correct to term both the paid-up and the callable shares the initial subscription.
An alternative would be an increase in the amount of callable capital.
The callable capital of the other international financial institutions has never been called.
Additionally, it protects the position of those people who are assessed as callable of work and begin, or are already undertaking, a training course.
This sum will be callable capital.