call loan

Thân thiện

The bank issued a call loan to the small business.

Definition

1. Noun:
   • A demand loan: A "call loan" is a type of loan that must be repaid in full immediately upon the lender's request (or "call"). It does not have a fixed maturity date.

Usage

• This term is primarily used in formal financial and banking contexts.
• It describes a lending agreement where the lender retains the right to demand repayment at any time.

Examples

• Noun:
  • The bank provided a call loan to the brokerage firm, which could be recalled at any time.
  • Investors should be aware of the risks associated with a call loan, as the funds must be available for immediate repayment.

Advanced Usage

• "Subject to call": This phrase is often used to describe assets or loans that can be demanded for repayment.
  • The capital was held in a call loan, making it subject to call by the lender.

Variants and Related Words

• Call money (n): Funds lent on a very short-term basis, typically repayable on demand, often used in interbank markets.
  • The interest rate for call money fluctuates daily.
• Demand loan (n): A direct synonym for "call loan."
  • He took out a demand loan to cover the temporary shortfall.

Synonyms

• Demand loan: A loan payable on demand.
• At-call loan: A loan repayable when called for by the lender.

Related Terms (Not Phrasal Verbs)

• Callable (adj): Describing a security or loan that can be redeemed by the issuer or lender before its maturity.
  • The bonds were callable after five years.
• Recall (v): In finance, to demand the repayment of a loan.
  • The bank decided to recall the loan.

Học thuật

Noun

1. a loan that is repayable on demand

Từ đồng nghĩa

• demand loan