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call |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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Call 1. The period of time between the opening and closing of some future markets wherein the prices are established through an auction process. 2. An option contract giving the owner the right (but not the obligation) to buy a specified amount of an underlying security at a specified price within a specified time. Notes: 1. In some exchanges the call period is an important time in which to match and execute a large number of orders before opening and closing.2. A call becomes more valuable as the price of the underlying asset (stock) appreciates. Call
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One of the great tragedies I have encountered over the last few years is watching my professional colleagues, who entered the profession with a sense of purpose and passion, being reduced to number crunchers whose only role is to behave compliantly to those calling the tune in the state or nation's capital. I think we really captured that on the record, you know, really trying to create the music instead of just calling the tune and re-creating it. |
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