call loan

noun

: a loan payable at the discretion of the borrower or on demand of the lender

Examples of call loan in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Capital call loans are made to investment firms, including private-equity firms and alternative asset managers, to manage their working capital. WSJ, 3 Oct. 2023 They had each borrowed money at high interest rates from a local lender called Loans for Less and were sued for owing sums that ranged from $800 to $3,600. Anjali Tsui, ProPublica, 3 Dec. 2019

Word History

First Known Use

1848, in the meaning defined above

Time Traveler
The first known use of call loan was in 1848

Dictionary Entries Near call loan

Cite this Entry

“Call loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/call%20loan. Accessed 29 Nov. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!