Call loan什麼意思

"Call loan" is a term used in finance and banking that refers to a type of loan where the lender has the right to demand immediate repayment of the loan (i.e., call the loan) at any time, without any prior notice to the borrower. This right is typically exercised if the borrower is in default or if the lender wishes to reduce its risk exposure.

Call loans are usually short-term in nature and are often used by businesses or individuals who need immediate access to cash but do not want to commit to a long-term loan. They are also commonly used by banks and other financial institutions to manage their liquidity and interest rate risks.

The interest rate on a call loan is typically higher than on other types of loans, reflecting the higher risk to the borrower of having to repay the loan at any time. Borrowers who take out call loans must be prepared to repay the loan in full if the lender chooses to call it.