diff --git a/activesupport/CHANGELOG.md b/activesupport/CHANGELOG.md
index 8c07a034cc0ae81570c4f5a5a145880d8b096c9b..4ca82910cc7c5379b34d16273e5cea2f3daad926 100644
--- a/activesupport/CHANGELOG.md
+++ b/activesupport/CHANGELOG.md
@@ -1,3 +1,7 @@
+*   Remove deprecated string based terminators for y`ActiveSupport::Callbacks`.
+
+    *Yves Senn*
+
 *   Remove deprecated `String#encoding_aware?` core extensions (`core_ext/string/encoding`).
 
     *Arun Agrawal*
diff --git a/activesupport/lib/active_support/callbacks.rb b/activesupport/lib/active_support/callbacks.rb
index 5c738572a8f96b1281794506fb66ae080ffb5c90..d2991a218baaa32d720aa2e602e02050b9f45a3c 100644
--- a/activesupport/lib/active_support/callbacks.rb
+++ b/activesupport/lib/active_support/callbacks.rb
@@ -718,12 +718,6 @@ def reset_callbacks(name)
       #   would call <tt>Audit#save</tt>.
       def define_callbacks(*names)
         options = names.extract_options!
-        if options.key?(:terminator) && String === options[:terminator]
-          ActiveSupport::Deprecation.warn "String based terminators are deprecated, please use a lambda"
-          value = options[:terminator]
-          line = class_eval "lambda { |result| #{value} }", __FILE__, __LINE__
-          options[:terminator] = lambda { |target, result| target.instance_exec(result, &line) }
-        end
 
         names.each do |name|
           class_attribute "_#{name}_callbacks"