Call money: Difference between revisions
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Call money is money lent out that must be repaid in full upon the demand of the lender. This is distinct from a term loan, in which a specific time and payment schedule is established to repay the loan. | Call money is money lent out that must be repaid in full upon the demand of the lender. This is distinct from a term loan, in which a specific time and payment schedule is established to repay the loan.{{Fact}} | ||
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Latest revision as of 09:19, 8 December 2011
Call money is money lent out that must be repaid in full upon the demand of the lender. This is distinct from a term loan, in which a specific time and payment schedule is established to repay the loan.[citation needed]