Call

(redirected from call off)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia.

Call

An option that gives the holder the right to buy the underlying asset.

call

1. An option that permits its holder to purchase a specific asset at a predetermined price until a certain date. For example, an investor may purchase a call option on General Electric stock that confers the right to buy 100 shares at $25 per share until October 17. Calls are sold for a fee by other investors, who incur an obligation. Also called call option. Compare put. See also synthetic call.
2. An issuer's right to repurchase an issue of bonds at a predetermined price before maturity. The feature is used when interest rates fall, so that the bonds can be repurchased and a new, lower-rate issue sold. A call feature is normal for nearly all long-term bond issues, and it operates to the detriment of bond owners. See also call price, cleanup call, extraordinary call, optional call, sinking fund call.
3. Redemption of an issue of bonds before maturity by forcing the bondholders to sell at the call price.

call

To force an option writer to sell shares of stock at a price stipulated in a contract. Stocks usually are called just before the expiration of the options.

Call.

In the bond markets, a call is an issuer's right to redeem bonds it has sold before the date they mature. With preferred stocks, the issuer may call the stock to retire it, or remove it from the marketplace.

In either case, it may be a full call, redeeming the entire issue, or a partial call, redeeming only a portion of the issue.

When a bank makes a secured loan, it reserves the right to demand full repayment of the loan -- referred to as calling the loan -- should the borrower default on interest payments.

Finally, when the term refers to options contracts, holding a call gives you the right to buy the underlying instrument at a specific price by a specific date. Selling a call obligates you to deliver the underlying instrument if the call is exercised and you're assigned to meet the call.

Call

An option to purchase a security at a fixed price within a specified period of time.
References in periodicals archive ?
Contractors are able to call off their kitchens online 24 hours a day, seven days a week.
20 USA Today report that 3 of every 4 households are affected by colds, flu, bronchitis or pneumonia, Miller said that the union has no alternative but to assure its members, in the interest of their health and that of passengers, that they should call off if sick.
But late in the day, the weather got so bad that we just had to call off the search," he said.
But we would like to see them call off the threat of industrial action completely because we still have to keep 19,000 troops on standby.
We welcome the fact that the union has called off the strike but we would like to see them call off the threat of industrial action completely because we still have to keep 19,000 troops on standby,' said the spokesman.
Last night, the FBU executive voted to call off the strike and recommend acceptance of the deal although they knew this would trigger fierce criticism from some activists at the conference in Brighton.
We actually ran trials, but it was clear by the end of them that we had a problem and we had to call off in the interests of the greyhounds' safety.
The recovery of the cockpit voice recorder came after the Coast Guard decided to call off its search for survivors, over the protest of some relatives of the 88 passengers and crew members.
The change comes after FBU executives voted to call off the strike and recommend acceptance of the deal.
Catterick and Carlisle call off meetings scheduled for following week.
He defended the decision to call off the trip and backed Motherwell MP Frank Roy, whose warning the visit could spark sectarian violence, led to the call-off.
The FBU leadership was already preparing to call off tomorrow's strike amid fears of losing public support if troops had to provide emergency cover as war in Iraq began.