Callable Preferred Stock

英文名称：Callable Preferred Stock 中文名称：可赎回优先股
一种优先股，发行人有权以约定的价格赎回该优先股。

A type of preferred stock that carries the provision that the issuer has the right to call in the stock at a certain price and retire it. Also known as "redeemable preferred stock".

You can think of preferred stock as a security somewhere in-between stocks and bonds.