demand loan

(redirected from Call Loans)
Also found in: Dictionary, Thesaurus.

Demand loan

A loan which can be called by the lender at any time and carries no set maturity date.

Demand Loan

A loan that must be paid on demand from the lender. Demand loans are often used to fund margin accounts; alternatively, they are common for personal loans with no set maturity. Demand loans often require collateral and are also called call loans. See also: Margin call.

demand loan

A loan due at any time the lender decides to request payment.

demand loan

A loan that states it is due upon demand, rather than on any certain date or upon the happening of a certain event.For purposes of calculating the statute of limitations within which to sue on a demand loan,it is treated as if demand were made and default occurred on the very first day the loan was made,even if that did not truly happen in fact.
Mentioned in ?
References in periodicals archive ?
The call loan market was central to the NYSE's settlement process, which required trade settlement on the following trade day.
The interest rate on an unsecured call loan from Friday through Monday soared to 1 percent on the Tokyo interbank money market Wednesday, against the Bank of Japan's target of 0.
These credit facilities, consisting of call loans, letters of credit and daylight overdraft facilities, are collateralized by either unpaid securities and/or securities owned by Canaccord.
Consistent with the Real Bills Doctrine, Federal Reserve Banks were not authorized to rediscount loans used to support purely financial activity, such as stock market call loans, because they were believed to be inflationary or speculative.
The falling trend of the balance of call loans was fueled by a BOJ decision in March 2001 to implement a quantitative monetary easing policy.
The overnight call money rate is charged among commercial banks on overnight call loans.
The CBC pointed out that of the outstanding foreign-currency call loans, offshore loans accounted for 99.
Last August, the BOJ ended an 18-month policy of guiding the rate on unsecured overnight call loans to zero.
A large part of its banking assets are invested in call loans, most of which are secured.
The survey of 28 financial market participants and economists found 27 of them expect the BOJ to return to the policy of guiding the rate on unsecured overnight call loans to zero.
The fund strives to achieve this objective by investing in an array of high quality short-term instruments, such as Japanese government bonds, corporate bonds, commercial paper, call loans, certificates of deposit, and repo transactions.
Presently, loans extended by the Chinese branches of Taiwanese banks are capped at two times the combination of local deposits and the amount of call loans.