callable capital - portion of the capital not yet paid (that can be called at any time)

Callable capital vs. Paid-in capital

"Callable capital" refers to the portion of the capital not yet paid in by the company's shareholders. The portion of the capital already paid-in is called the "paid-in capital".
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There is an obligatory subscription fee, which is equivalent to 88.29% of the quota that a country has to pay to the IMF. In addition, a country is obligated to buy 195 World Bank shares (US$120,635 per share, reflecting a capital increase made in 1988). Of these 195 shares, 0.60% must be paid in cash in U.S. dollars while 5.40% can be paid in a country's local currency, in U.S. dollars, or in non-negotiable non-interest bearing notes. The balance of the 195 shares is left as "callable capital," meaning the World Bank reserves the right to ask for the monetary value of these shares when and if necessary. A country can subscribe a further 250 shares, which do not require payment at the time of membership but are left as "callable capital."

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1. Banking. The capital stock of a bank, Federal Reserve Bank, or international development bank subscribed to, and paid by, its stockholders. Paid-in capital is the amount contributed by stockholders to obtain a bank charter and commence business. Federal Reserve Member Banks are required to purchase shares in their district Federal Reserve Bank equal to 6% of their capital and surplus; only 50% of this amount actually is paid. The remainder, or callable capital, can be called at any time.

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