Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

call loan

Read a random definition: excess of privilege

A quick definition of call loan:

A call loan is a type of loan where the lender can ask for the money back at any time, usually with a day's notice. This is different from a term loan, which has a set due date. The borrower usually pays interest on the loan. It's important to pay back a call loan quickly because the lender can ask for the money back at any time.

A more thorough explanation:

Definition: A loan for which the lender can demand payment at any time, usually with 24 hours' notice, because there is no fixed maturity date.

Example: A broker call loan is a type of call loan that is made to a stockbroker to finance daily transactions. The lender can demand payment at any time, and the borrower must repay the loan within 24 hours.

Explanation: A call loan is a type of loan that is not fixed and can be called back by the lender at any time. This type of loan is usually used for short-term financing, and the borrower must be prepared to repay the loan quickly. The example of a broker call loan illustrates how this type of loan is used in the stock market to finance daily transactions. The lender can demand payment at any time, and the borrower must be prepared to repay the loan within 24 hours.

calling to the bar | call of a meeting

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
LSD+ is ad-free, with DMs, discounts, case briefs & more.