/ˈkɔː.lə.bəl/ – Adjective
Definition: có thể chuộc lại được, cần phải chuộc lại, cần phải thu hồi.
A more throughout explanation: In legal terms, “callable” refers to a financial security, typically a bond, that can be redeemed by the issuer before its maturity date at a specified price. This feature allows the issuer to repay the bond early, usually when interest rates have fallen, in order to save on interest payments.
Example: The bond issued by the company is callable, meaning that the company has the option to redeem it before its maturity date.