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FINDLAW LEGAL DICTIONARY

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Call

call vt

1 : to announce or recite loudly [ed the civil trial list]
2 : to admit (a person) as a barrister [was ed to the bar]
3 : to demand payment of esp. by formal notice [ a loan]
4 : to demand presentation of (as a bond or option) for redemption NOTE: A security issuer may call a security only if calling it is previously provided for, as, for example, in the indenture for a bond or in the stock agreement for preferred stock. The issuer usually pays the holder a premium for a called security.
n 1 : a demand for payment of money: as
a : a notice by the U.S. Treasury to depositories to transfer part of its deposit balance to the Federal Reserve bank
b : a notice to a stockholder or subscriber to pay an assessment or an installment of subscription to capital
2 : call option at option
3 a : a formal announcement or recitation [the daily of the motion calendar]
b : roll call [the speaker ordered a of the house]



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.