Call loan rate

call loan rate investment & finance definition
The interest rate on short-term secured loans that can be called, or cancelled, by giving a 24-hour notice.
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Call Loan Rate
The short term interest rate charged on a secured call loan, usually in margin accounts.
Also known as the broker's call.

Call loan rate
See: Call money rate
Call money rate
Also called the broker loan rate , the interest rate that banks charge brokers to finance margin loans to investors. The broker charges the investor the call money rate plus a servicecharge.

A loan provided to a brokerage firm and used to finance margin accounts. The interest rate on a call loan is calculated daily. The resulting interest rate is referred to as the call loan rate.

The interest rate that you will be charged for a margin loan is determined by the individual broker, but it's generally based on the broker's call, also known as the broker's call rate, call loan, or call loan rate.

See also: Rate, Close, Margin, Interest, Call