call loan

A loan for which the lender can demand payment at any time, usu. with 24 hours’ notice, because there is no fixed maturity date.

— Also termed broker call loan; demand loan. Cf. term loan. [Cases: Bills and Notes 129(3). C.J.S. Bills and Notes; Letters of Credit§ 90.]


专业法律词汇 词条贡献者
译者蒋毅,毕业于亚洲顶尖的高级翻译学院,擅长翻译各种与破产与资产重组相关的法律文件。
Scroll to Top