Call

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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 classic literature ?
Thus such conditions are called affections, not qualities.
Those, however, which arise from causes easily rendered ineffective are called affections, not qualities.
From the Hump we can see the gate that is called after Miss Mabel Grey, the Fig I promised to tell you about.
What followed is told differently in different books, but all agree in this, that a great chief called Fergus came back from the dead in order to tell the tale, which was again written down.
Under this arrangement, the front bedroom, on the opposite side of the passage--next to the room in which Geoffrey slept--was left empty, and was called, for the time being, the spare room.
And any difference which arises among them will be regarded by them as discord only--a quarrel among friends, which is not to be called a war?
Indeed, she was so far from regretting want of beauty, that she never mentioned that perfection, if it can be called one, without contempt; and would often thank God she was not as handsome as Miss Such-a-one, whom perhaps beauty had led into errors which she might have otherwise avoided.
The state, I call it, where all are poison-drinkers, the good and the bad: the state, where all lose themselves, the good and the bad: the state, where the slow suicide of all--is called "life.
In this first lecture I shall be concerned to refute a theory which is widely held, and which I formerly held myself: the theory that the essence of everything mental is a certain quite peculiar something called "consciousness," conceived either as a relation to objects, or as a pervading quality of psychical phenomena.
Go to bed in the dark, you pretty little hussy" (that is what he called me), "and unless you wish me to come for the candle every night, mind and be in bed at eleven.
I have been told that in one of neighbour nations, whether it be in France or where else I know not, they have an order from the king, that when any criminal is condemned, either to die, or to the galleys, or to be transported, if they leave any children, as such are generally unprovided for, by the poverty or forfeiture of their parents, so they are immediately taken into the care of the Government, and put into a hospital called the House of Orphans, where they are bred up, clothed, fed, taught, and when fit to go out, are placed out to trades or to services, so as to be well able to provide for themselves by an honest, industrious behaviour.
When we had travelled one day's journey, the guides, who were five in number, called all the passengers, except the servants, to a great council, as they called it.