Call money marketA market that consists of the borrowing of money by brokers and dealers for the purpose of meeting their credit needs.
Generally this money is used to either cover their customersâ?? margin accounts or finance their own inventory of securities. Along with day-to-day loans, call money loans play a significant role in interbank money dealings and between banks and money market dealers. The term â??call moneyâ?? alone usually refers to either secured or unsecured callable loans made by banks to money market dealers. Generally these loans are made on a short term basis.
