Controls, Procedures and Risk
By David Loader

C

Call deposits
Deposits which can be called (or withdrawn) at the option of the lender (and in some cases the borrower) after a specified period. The period is short, usually one or two days, and interest is paid at prevailing short-term rates (call account).
Call option
An option that gives the seller the right, but not the obligation, to buy a specified quantity of the underlying asset at a fixed price, on or before a specified date. The buyer of a call option has the obligation (because they have bought the right) to make delivery of the underlying asset if the option is exercised by the seller.
Callable bond
A bond that the issuer has the...
Copyright David Loader 2002 under license agreement with Books24x7
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