callable stock

callable stock

Stock that the issuer reserves the right to buy back on demand at a previously agreed price. Loans and bonds may also be “callable.”
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
References in periodicals archive ?
The warrants were included in the units sold as consideration for Pharmco's option to purchase the callable stock of Disco.
Under the settlement, Genomic Solutions purchased 69% of its stock held by PerkinElmer at the original price PerkinElmer paid for the stock, thereby eliminating the call option and converting the callable stock into common shares.
Byblos bank's priority and preferred callable stocks went up by 1.82 percent and 0.1 percent.