释义 |
call loan
call loann. 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] ThesaurusNoun | 1. | call loan - a loan that is repayable on demanddemand loanloan - the temporary provision of money (usually at interest) |
call loan
call loanA loan that is payable at any time on the demand of the lender; in some instances, the borrower may also have the right to repay the loan at any time he chooses.call loan
Call loanA loan repayable on demand. Sometimes used as a synonym for broker loan or broker overnight loan.Demand LoanA 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 Related to call loan: Call loan rateSynonyms for call loannoun a loan that is repayable on demandSynonymsRelated Words |