callable

(kôlə bəl)

adjective

that can be called; specif.,
  1. that must be paid upon demand: said as of a loan
  2. that must be presented for payment upon notice: said as of a bond

See callable in American Heritage Dictionary 4

adjective
  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.

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