Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• CALL
  
  In the bond markets, a call is an issuer's right to redeem bonds it has sold before the date they mature. In a related use of the term, 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. However, when the term is used in connection with options, a call is the right to buy the underlying investment at a specific price by a specific date.
  
  Back