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Synonyms

call loan

American  

noun

  1. a loan repayable on demand.


call loan British  

noun

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

Etymology

Origin of call loan

First recorded in 1850–55

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Still the member banks reported that corporations and individuals were withdrawing deposits and putting their funds on the call loan market.

From Time Magazine Archive

My secretary will arrange it—but mind this is on a call loan!

From Rimrock Jones by Coolidge, Dane

Low call loan rates have an indirect rather than a direct effect on the rate which the mercantile community has to pay for money.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

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

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

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

From The Value of Money by Anderson, Benjamin M.