What does call money rate mean?

call money rate meaning in Law Dictionary

labeled as the agent loan rate , the attention price that banking institutions charge agents to finance margin financial loans to people. The agent charges the investor the decision money price plus something cost.

call money rate meaning in Business Dictionary

a form of loan which cannot contain almost any certain repayment routine that agents obtain from a bank and then consequently loan those funds to investors for the true purpose of financing security acquisitions in margin reports.