word

callable bond

KAL-ah-bul BOND

ˈkɔːləbəl bɒnd

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Syllable breakdown

callablebond

Dictionary meaning

A bond that can be redeemed by the issuer prior to its maturity date; the issuer is typically required to pay a premium to the holder when the bond is called.

Common mispronunciations

CALL-able bond

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