Call
The demand by a Comp. or any other issuer of shares for payment. It may be the demand for full payment on the due date, such as, for example, with a rights issue. It may, alternatively, be the demand for a further payment when the total amount is payable by instalments.The calls are usually made several months apart by call letter & the shares are said to be paid-up when the final call has been paid. A call by a Comp. shouldn't be confused with a call option. |
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