Broker's Call

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Broker's Call

The interest rate at which banks make loans to brokers in order to finance margin loans for their clients. Because the broker wishes to make a profit on his/her own margin loans, he/she offers margin loans at a premium to the broker's call rate. Margin loan rates are quoted with respect to the broker's call rate, which is published daily in different periodicals.
References in periodicals archive ?
SAN DIEGO -- In response to agents' and brokers' calls for education on the life-settlement industry, Life Settlement Solutions, Inc.