Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

CALL PROCESSING

In telecommunication, the term call processing has the following meanings: # The sequence of operations performed by a switching system from the acceptance of an incoming call through the final disposition of

CALL PROTECTION

Time during which a security, with a call provision, cannot be redeemed by the issuer. Corporate and municipal issuers typically have a call protection period of 10 years.

CALL REPORT

All regulated financial institutions in the United States are required to file periodic financial and other information with their respective regulators and other parties. For banks in the U.S.

CALL RISK

The risk that a bond will be called prior to its maturity date, causing the bond’s principal to be returned sooner than expected.

CALL SIGN

A message, code, or tune that is broadcast by radio to identify the broadcaster or transmitter.

CALL SPREAD

An OPTION position created by buying and selling CALL OPTIONS with the same expiry date but different STRIKE PRICES (i.e., the purchaser of a call spread buys a closertothemoney call option and

CALL SYSTEM

A system to allow residents (patients) to communicate with a nurses’ station from their rooms and from toilet and bathing facilities.

CALL-BACK PAY

Payments due an employee due to contacting the employee at a time other than the employee’s regular work schedule and requesting the employee to report for work and be ready to perform

CALLER ID

A facility that identifies and displays the telephone numbers of incoming calls made to a particular line.

CALLING CARD

A card bearing a person’s name and address, sent or left in lieu of a formal social or business visit.

CALLING PARTY PAYS (CPP)

A billing method in which a wireless phone caller pays only for making calls and not for receiving them. The standard American billing system requires wireless phone customers to pay for all

CALLS IN ARREARS

Money called up for shares, but not paid at the correct time. The shares may be forfeited or a special calls in arrears account is established to debit the sums owing.

CALORIE

The energy needed to raise the temperature of 1 kilogram of water through 1

CALVO DOCTRINE

The Calvo Doctrine is a foreign policy doctrine which holds that jurisdiction in international investment disputes lies with the country in which the investment is located. The Calvo Doctrine thus proposed to

CAMEL(S)

Regulatory BANK ratings used in the US and UK financial systems based on a review of CAPITAL, ASSETS, management, MARKET RISK, earnings, and LIABILITIES/ LIQUIDITY. CAMEL ratings are used to reflect the

CAMELS RATING

The CAMELS ratings or Camels rating is a US supervisory rating of the bank’s overall condition used to classify the nation

CAMELS RATING SYSTEM

It is a tool being used by the United States government in response to the global financial crisis of 2008 to help it decide which banks to provide special help for and

CAMERA READY

(Of matter to be printed) In the right form and of good enough quality to be reproduced photographically onto a printing plate.

CAMPAIGN

A series of military operations intended to achieve a particular objective, confined to a particular area, or involving a specified type of fighting.

CAMPUS ACCOMMODATION

Rooms in a university or college halls of residence, occupied by students during term time and visitors during student holidays. This is a good option for those on a tight budget.

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