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TeachMeFinance.com - explain call loans call loans -- loans used to finance the purchase of securities, and which may be terminated (called) at the discretion of the borrower or the lender on demand. historic definition... Call loan -- A loan payable on call or demand; collateral is usually provided to secure the loan. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.