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 ?
Now all these five were to shoot again, and they were to be pitted against five other of the Queen's choosing--men who had not yet shot upon that day.
Again he shot, and again he hit the black, on the opposite rim.
Nay," quoth old Adam o' the Dell presently, drawing a long breath and shaking his head as he spoke, "twoscore years and more have I shot shaft, and maybe not all times bad, but I shoot no more this day, for no man can match with yon stranger, whosoe'er he may be.
Then the Sheriff came down from his dais and drew near, in all his silks and velvets, to where the tattered stranger stood leaning upon his stout bow, while the good folk crowded around to see the man who shot so wondrously well.
Thou canst not mend that shot, Locksley,'' said the Prince, with an insulting smile.
And now,'' said Locksley, ``I will crave your Grace's permission to plant such a mark as is used in the North Country; and welcome every brave yeoman who shall try a shot at it to win a smile from the bonny lass he loves best.
Arndt, Member of the Council for Brown county, was shot dead ON THE FLOOR OF THE COUNCIL CHAMBER, by James R.
in the street, AND DISCHARGED THE CONTENTS OF FIVE OF THE BARRELS AT HIM: EACH SHOT TAKING EFFECT.
But wouldn't the shot be heard at the inn or somewhere?
I would fain establish a right, Natty, to the honor of this death; and surely if the hit in the neck be mine it is enough; for the shot in the heart was unnecessary—what we call an act of supererogation, Leather-Stocking.
A solid shot of 108 inches would weigh more than 200,000 pounds, a weight evidently far too great.
Some of the horses had been so badly wounded that they could scarcely move from the loss of blood; other noble creatures were trying on three legs to drag themselves along, and others were struggling to rise on their fore feet, when their hind legs had been shattered by shot.