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2017 Word of the Year

call loan

noun
1.
a loan repayable on demand.
Also called demand loan.
Compare time loan.
Origin of call loan
1850-1855
First recorded in 1850-55
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for call loan
Historical Examples
  • Between a call loan and a ten year agricultural mortgage-note, the differences are even greater.

    The Value of Money Benjamin M. Anderson, Jr.
  • The agreement binds in a way perfectly familiar to the business world in the call loan or the tenancy at will.

    Socialism As It Is William English Walling
  • The only semblance of a money market previously existing in this country was the call loan market of New York City.

    Readings in Money and Banking

    Chester Arthur Phillips
  • When the call loan rate is high country banks do not receive interest in proportion to the value of their deposits.

    Readings in Money and Banking

    Chester Arthur Phillips
  • An exclusive system of cash dealings brings about the pre-ponderance of the call loan on stock exchange collateral.

    Readings in Money and Banking

    Chester Arthur Phillips
  • A smaller amount of Bank funds will be employed in the call loan market.

    Readings in Money and Banking

    Chester Arthur Phillips
  • There was an air about Morley when he was backed by money in hand that would have stayed off a call loan at Rothschilds'.

    The Trimmed Lamp

    O. Henry
  • call loan rates were erratic, going as high as 125 per cent.

    Readings in Money and Banking

    Chester Arthur Phillips
British Dictionary definitions for call loan

call loan

noun
1.
a loan that is repayable on demand Also called demand loan. Compare time loan
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Value for call

6
9
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