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call money

   Also found in: Financial, Encyclopedia 0.01 sec.
call money
n
(Economics, Accounting & Finance / Banking & Finance) money loaned by banks and recallable on demand


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The central bank's eight-member Policy Board voted unanimously to keep the target rate for unsecured overnight call money on hold.
In the interbank-borrowing market, the weighted average of overnight call money rates temporarily dropped to 0.
Thus, such a measure would effectively set a de facto lower limit for rates in the call money market, experts say.
 
 
 
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