call loan

noun

1. a loan repayable on demand.

call loan

noun

1. a loan that is repayable on demand Also calleddemand loan. 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%.

From Wall Street Journal

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.

From Wall Street Journal

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

From Project Gutenberg

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

From Project Gutenberg

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 ...

From Wall Street Journal