call loan

noun
a loan repayable on demand.
Also called demand loan.
Compare time loan.


Origin:
1850–55

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
call loan
 
n
Compare time loan Also called: demand loan. a loan that is repayable on demand

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Example sentences
The day's money market was, nevertheless, tranquil and the call loan rate did not rise above five per cent.
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