Call Loan Rate

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Dictionary Says

Definition of 'Call Loan Rate'

The short term interest rate charged on a secured call loan, usually in margin accounts.

Also known as the broker's call.
Investopedia Says

Investopedia explains 'Call Loan Rate'

The call loan rate can change on a daily basis, and the loan can also be canceled with 24 hours notice.

Related Definitions

  • Broker's Call

    The interest rate charged by banks on loans made to broker-dealers, who use these loan proceeds to make margin loans to their clients. These broker's call loans are payable by the ...
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  • Call Loan

    A loan provided to a brokerage firm and used to finance margin accounts. The interest rate on a call loan is calculated daily. The resulting interest rate is referred to as the call loan ...
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  • Interest Rate

    The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets. Interest rates are typically noted on an annual basis, known as the annual ...
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    • Loan

      The act of giving money, property or other material goods to a another party in exchange for future repayment of the principal amount along with interest or other finance charges. A loan ...
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    • Margin

      1. Borrowed money that is used to purchase securities. This practice is referred to as "buying on margin". 2. The amount of equity contributed by a customer as a percentage of the ...
      Read More »

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