call loan

n. A loan repayable on demand at any time, especially one used by brokers to finance securities purchases.

call loan

n (Banking & Finance) a loan that is repayable on demand. Also called: demand loan Compare time loan

call′ loan`

n. a loan repayable on demand. [1850–55]

Thesaurus

Noun

call loan - a loan that is repayable on demanddemand loanloan - the temporary provision of money (usually at interest)

call loan

Call loan

A loan repayable on demand. Sometimes used as a synonym for broker loan or broker overnight loan.

Demand Loan

A loan that must be paid on demand from the lender. Demand loans are often used to fund margin accounts; alternatively, they are common for personal loans with no set maturity. Demand loans often require collateral and are also called call loans. See also: Margin call.

call loan

A loan that may be terminated at any time by either party. For investors, a call loan means bank loans to stockbrokers for the purpose of carrying customer margin borrowing, using securities as collateral. The rate of interest, similar to that on other high-quality short-term loans, varies over time. Brokerage firms usually charge customers the rate on call loans plus an additional 1% or so depending on the amount borrowed. Also called broker call loan. See also broker's loan.

call loan

call loan

call loan

call′ loan`

call loan

call loan

call loan

Call loan

Demand Loan

call loan

call loan

Synonyms for call loan

noun a loan that is repayable on demand

Synonyms

Related Words