What does call loan mean?
Definitions for call loan
call loan
This dictionary definitions page includes all the possible meanings, example usage and translations of the word call loan.
Princeton's WordNet
call loan, demand loannoun
a loan that is repayable on demand
Wikipedia
call loan
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent. Acting as a provider of loans is one of the main activities of financial institutions such as banks and credit card companies. For other institutions, issuing of debt contracts such as bonds is a typical source of funding.
ChatGPT
call loan
A call loan is a type of short-term loan provided by a bank or other financial institution to a brokerage firm, which is payable on demand. The loan is collateralized by securities, often shares traded on stock exchanges. The key feature of a call loan is that it can be 'called' by the lender at any time, requiring immediate repayment. These loans are commonly used for funding margin accounts for stock trading purposes.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of call loan in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of call loan in Pythagorean Numerology is: 7
Translations for call loan
From our Multilingual Translation Dictionary
- 短期貸款Chinese
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"call loan." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/call+loan>.
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