- 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. It is important to note that a call loan can be canceled at any time.
Investment dictionary. Academic. 2012.
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 — noun a loan that is repayable on demand • Syn: ↑demand loan • Hypernyms: ↑loan * * * noun : 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… … Useful english 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 — 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 rate — See: call money rate … Financial and business terms