call loan

noun

1. a loan repayable on demand.

call loan

noun

1. Also called: demand loan.. a loan that is repayable on demand Compare time loan

Word History and Origins

Origin of call loan¹

First recorded in 1850–55

Example Sentences

The bank left its unsecured overnight call loan rate unchanged in a range of 0.0%-0.1%.

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The board voted unanimously at the end of a two-day meeting to leave the unsecured overnight call loan rate at a 0.0%-0.1% range.

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The only semblance of a money market previously existing in this country was the call loan market of New York City.

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Between a call loan and a ten year agricultural mortgage-note, the differences are even greater.

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The bank's policy board voted unanimously at the end of a two-day meeting to keep the unsecured overnight call loan rate at 0.1%--the level it has been ...

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