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call loan |
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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 rate. Notes: Call loans use securities as collateral for the loan. It is important to note that a call loan can be cancelled at any time.Call loan A loan repayable on demand. Sometimes used as a synonym for broker loan or broker overnight loan.
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