Call Loan

What does Call Loan mean in American Law?

The definition of Call Loan in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:

loan which the lender may call, i.e., require to be immediately paid at any time, another term for which is demand loan or demand note.

Concept of Call Loan in the context of Real Property

A short definition of Call Loan: A loan payable upon demand.

Concept of Call Loan in the context of Real Property

A short definition of Call Loan: A loan payable upon demand.