Business / Taxes / Call: In the bond markets, a call is an issuer's right to redeem bonds it has sold before the date they mature. With preferred stocks, the issuer may call the stock to retire it, or remove it from the marketplace. In either case, it may be a full call, redeeming the entire issue, or a partial call, redeeming only a portion of the issue. 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. Finally, when the term refers to options contacts, holding a call gives you the right to buy the underlying instrument at a specific price by a specific date. Selling a call obligates you to deliver the underlying instrument if the call is exercised and you're assigned to meet the call.

Other Words for Call

Call Noun Synonyms: shout, cry, yell, whoop, holler
Call Verb Synonyms: shout, cry (out), hail, yell, roar, bellow, call out, holler

Redemption Or Call

Business / Finance / Redemption Or Call: Right of the issuer to force holders on a certain date to redeem their convertibles for cash. The objective usually is to force holders to convert into common prior to the redemption deadline. Typical MORE

Curtain Call

Entertainment / Baseball / Curtain Call: The practice of a player coming out of the dugout to acknowledge the call of the fans, usually after a home run. MORE

Callaway Handicap System

Entertainment / Golf / Callaway Handicap System: (also 'callaway scoring system') a system of creating 'fair' handicaps for a one-time event in which many players do not have verifiable or established handicaps (more on tournament formats) MORE