call loan

call loan
a loan that is repayable on demand
Syn: ↑demand loan
Hypernyms: ↑loan

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: a loan payable on demand of either party and usually secured by stock or bond collateral and used chiefly by stock-exchange brokers to finance margin purchases

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a loan repayable on demand. Also called demand loan. Cf. time loan.

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call loan,
a loan that must be paid back on demand.

Useful english dictionary. 2012.

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Look at other dictionaries:

  • call loan — ☆ call loan n. 1. a loan that must be repaid on demand 2. a loan to a broker that is secured by shares of stock purchased with the borrowed money and which may be called if the shares decline in value: also call money …   English World dictionary

  • call-loan — callˈ loan or callˈ money noun (finance) A loan or money called in for repayment or payable when demanded • • • Main Entry: ↑call …   Useful english dictionary

  • call loan — call′ loan n. bus a loan repayable on demand • Etymology: 1850–55 …   From formal English to slang

  • call loan — A loan repayable on demand. Sometimes used as a synonym for broker loan or broker overnight loan. Bloomberg Financial Dictionary * * * call loan call loan ➔ loan1 * * * call loan UK US noun [C] (also demand loan) ► FINANCE a loan that must be… …   Financial and business terms

  • Call Loan — A loan provided to a brokerage firm and used to finance margin accounts. The interest rate on a call loan is calculated daily. The resulting interest rate is referred to as the call loan rate. Call loans use securities as collateral for the loan …   Investment dictionary

  • Call Loan Rate — The short term interest rate charged on a secured call loan, usually in margin accounts. Also known as the broker s call. The call loan rate can change on a daily basis, and the loan can also be canceled with 24 hours notice …   Investment dictionary

  • call loan — a loan repayable on demand. Also called demand loan. Cf. time loan. [1850 55] * * * …   Universalium

  • call loan — / kɔ:l ləυn/ noun a bank loan repayable at call …   Dictionary of banking and finance

  • call loan — noun Date: 1852 a loan payable at the discretion of the borrower or on demand of the lender …   New Collegiate Dictionary

  • call loan rate — See: call money rate …   Financial and business terms

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