call

noun

A request or command to come or assemble; a demand for payment of money.

Banking.

Demand for repayment of loan

Contract

As used in contract, means demand for payment of, especially by formal notice

Conveyance

A visible natural object or landmark designated in a patent, entry, grant, or other conveyance of lands, as a limit or boundary to the land described, with which the points of surveying must correspond. Also the courses and distances designated.

See also metes and bounds

Corporation law

A demand by directors upon subscribers for shares for payment of a portion or installment; in this sense, it is capable of three meanings:

(1) The resolution of the directors to levy the assessment;

(2) its notification to the persons liable to pay;

(3) the time when it becomes payable.

Securities.

An option or contract giving the holder the right to purchase a stated number of shares of stock at a specified price on or before a certain fixed date. Cohn, Ivers & Co. v. Gross, 56 Misc.2d 491, 289 N.Y.S.2d 301.

See also call option

- put

verb

To make a request or demand; to summon or demand by name; to demand payment of debt or loan immediately or at a specified time, to demand shareholders to pay additional capital; to redeem bonds before scheduled maturity; to demand the presence and participation of a number of persons by calling aloud their names, either in a pre-arranged and systematic order or in a succession determined by chance