Super Finance Glossary
Over 10,000 financial glossary terms...
Call Money Rate
Call Money Rate
Definition: Also called the broker loan rate , the interest rate that banks charge brokers to finance margin loans to investors. The broker charges the investor the call money rate plus a service charge.
Definition: Also called the broker loan rate , the interest rate that banks charge brokers to finance margin loans to investors. The broker charges the investor the call money rate plus a service charge.