a loan repayable on demand.
- Also called demand loan.
- Compare time loan.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use call loan in a sentence
The only semblance of a money market previously existing in this country was the call loan market of New York City.
Low call loan rates have an indirect rather than a direct effect on the rate which the mercantile community has to pay for money.
When the call loan rate is high country banks do not receive interest in proportion to the value of their deposits.
An exclusive system of cash dealings brings about the pre-ponderance of the call loan on stock exchange collateral.
A smaller amount of Bank funds will be employed in the call loan market.
British Dictionary definitions for call loan
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