The rate of interest a bank charges a brokerage firm on collateralized financial loans for the margin account clients. The call price is published daily within the Wall Street Journal.
The interest price recharged by a lender for a call loan. A brokerage company pays the decision loan price on money it borrows from a bank to loan to its account holders as margin. An investor pays the phone call loan rate when he or she borrows funds from a brokerage company to produce margin-funded investments. Call loan rates usually operate on par with temporary rates of interest plus a percentage point or two.