call loan

Also found in: Dictionary, Financial, Encyclopedia.
Related to call loan: Call loan rate
Graphic Thesaurus  🔍
Display ON
Animation ON
  • noun

Synonyms for call loan

a loan that is repayable on demand


Related Words

References in periodicals archive ?
The New York call loan market consisted of a "money post" on the floor of the NYSE with a daily auction of loans to individuals and business including call loans to brokers.
Market sources attributed the high call loan rate to credit squeeze fears as well as growing fund demand toward banks' book closings for the fiscal first half to the end of this month.
Now the banker could afford to make more loans, too, since he could go to the Federal Reserve for more funds, instead of trying to call loans in, if he faced demands for an unusual amount of withdrawals from his bank.
Our chapter on the call loan market in New York City plays a central role in illustrating the key reason, in our thesis, for why the movement for the establishment of a central bank in the United States took hold only after the panic of 1907.
Figure 2 shows the estimated seasonal patterns of the call loan renewal interest rate between January 1890 and October 1914 and between November 1914 and December 1933.(13) In the earlier period the interest rate fluctuated much more widely during the year than in did after the Fed's founding.
They generally keep their funds employed with the "call loan" market, and will not disturb it unless for a better rate.
In fact, even before May when the BSP acted first, our vigilant message to the market of our readiness to act has already started to move market rates including T-bills and T-bond rates, interbank call loan rates, etc.
The BOJ board also kept the unsecured overnight call loan rate on hold at a range of zero percent to 0.
Bankers noted that late last year, due to the European debt crisis, domestic interbank U.S.-dollar call loan rate, or TAIFX, jumped to a level 100 points (one point equals 0.01 of a percentage point) higher than LIBOR (London interbank offered rate), thereby dampening U.S.-dollar loans.
The central bank's policy board has decided to leave its policy rate, the unsecured overnight call loan rate, in the range of 0.0 percent to 0.1 percent.
The policy board has unanimously decided to leave the unsecured overnight call loan rate in a zero percent to 0.1 percent range.
The balance of outstanding transactions in the call money market rose to 22.49 trillion yen as of Thursday on the prospect that the Bank of Japan will modify its ultra-easy monetary policy by next spring, the Association of Call Loan and Discount Companies said Friday.
The report also suggested that the current low overnight call loan rate would need to be revised upward as the economic recovery continues in accordance with changes in the foreign exchange rate.
After the Panic, however, the New York bankers recognized a distinct and valuable role for a central bank that Chicago bankers, far from the New York Stock exchange and the call loan market, did not appreciate.
This week, the unsecured overnight call loan was traded mostly at 0.02% but was traded at 0.01% among some financial institutions at the end of the week due to the large fund surplus in the market.