Callable Stock

Callable Stock - Callable stock is stock that is issued by a corporation who retains the rights to redeem, or buy back, on demand, at a specific time. Since this stock is callable stock it can be redeemed, or bought back, before reaching its maturity. Callable, usually occurs at the time the stock is issues, as it is at this time that the company must lay out all the rules on when and how the stock can be called. On demand stock, means redeemable or bought back, when the company asks for it.