callable
adjective
FINANCE, STOCK MARKET uk/ˈkɔːləbl/ uscallable 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 :
a callable bond/security/share
The preferred shares are callable after five years.
a callable loan must be paid back when the financial organization or person who lent the money demands payment:
The loan is callable only in the event of default.