Periodic or continuous rights given to the lender to cause payment of the total principal balance prior to the maturity date.

An investment account offered through banks which allows investors instant access to their accounts. Withdrawals and deposits can be made at any time. Rules and benefits differ depending upon the bank offering

The amount of time the call is connected from the originating party to the terminating party.

A telephone feature that allows calls made to one number to be forwarded to another specified number.

A radio or television program during which the listeners or viewers telephone the studio and participate.

The rate of interest a bank charges a brokerage firm on collateralized loans for its margin account clients. The call rate is published daily in the Wall Street Journal.

Money lent by a bank or other institution that is repayable on demand.

Market in which brokers and dealers borrow money to satisfy their credit needs, either to finance their own inventory of securities or to cover their customers’ margin accounts.

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 service

A library classification is a system of coding and organizing library materials (books, serials, audiovisual materials, computer files, maps, manuscripts, realia) according to their subject and allocating a call number to that

A COMPOUND OPTION that grants the buyer the right to purchase an underlying CALL OPTION from the seller of the compound. The option is generally purchased when the need for the underlying

A COMPOUND OPTION that grants the buyer the right to purchase an underlying PUT OPTION from the seller of the compound. The option is generally purchased when the need for the underlying

An OVERTHECOUNTER COMPLEX OPTION that grants the buyer a payoff based on the difference between a predefined STRIKE PRICE and the best performing ASSET in a PORTFOLIO. See also CALL ON THE

An OVERTHECOUNTER COMPLEX OPTION that grants the buyer a payoff based on the difference between a predefined STRIKE PRICE and the highest price achieved by the UNDERLYING reference ASSET over the life

An OVERTHECOUNTER COMPLEX OPTION that grants the buyer a payoff based on the difference between a predefined STRIKE PRICE and the worst performing ASSET in a PORTFOLIO. See also CALL ON THE

A DERIVATIVE contract that gives the buyer the right, but not the obligation, to purchase an UNDERLYING ASSET from the seller at a set STRIKE PRICE at, or before, expiry. In exchange,

An instance of being summoned, esp. in order to deal with an emergency or to do repairs.

Premium in price above the par value of a bond or share of preferred stock that must be paid to holders to redeem the bond or share of preferred stock before its

The price, specified at issuance, at which the issuer of a bond may retire part of the bond at a specified call date.

When dealing with securities trading, an issuer of a bond indenture gives the issuer the right to revoke or redeem outstanding bonds with a certain price on a specific call date.