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To convoke or summon by public announcement; to request the appearance and participation of several people—such as a call of a jury to serve, a roll call, a call of public election, or a call of names of the members of a legislative body.

In contract law, the demand for the payment of money according to the contract terms, usually by formal notice.

As applied to corporation law, the demand of the board of directors that subscribers pay an installment or portion of the amount that is still owed on shares that they have agreed to buy. A call price is the price paid by a corporation for the redemption of its own Securities.

In securities, a contract that gives a person the right to demand payment of a certain specified number of shares of stock at a stated price or upon a fixed date.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.


n. the demand by a corporation that a stockholder pay an installment or assessment on shares already owned.

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.


1 a demand by a company on shareholders to pay all or part of the subscription price of the shares not already paid.
2 to admit, in the sense of a barrister being called to the BAR.
Collins Dictionary of Law © W.J. Stewart, 2006
References in periodicals archive ?
Odds go up when your job is entertaining an investing public every day on what stocks to buy and sell that you'll make some bad calls. But James Cramer has made a lifetime of bad calls, especially while hosting CNBC's "Mad Money." But his call on Bear Stearns will go down in history as one of his worst.
"They got back into the game twice and a bad call took the game away from them.
A month's worth of hindsight gave local journalistic and political minds enough digestive fortitude to revisit the calamity -- from bad calls to bad manners to bad makeup and hair.
But even the best of them make some bad calls now and then, as do the best investors.
We have been on the end of good and bad calls all season.
The former prime minister is no stranger to bad calls having once compared a German politician to a concentration camp guard.
The former British No.2 said: "I actually h thought of Harry Kane when he gets bad calls and he's still focused.
There were bad calls on our side which prevented us from making a run, but in the fourth quarter, we just played our game and tried our best to cut the lead down,' he said.
"I wanted to win so badly, but I let myself be bothered by two bad calls," said Rusedski, who has battled back superbly after being out with an ankle injury for most of the summer.
There will always be errors, bad calls, someone warming up in the bullpen, and opponents trying to unnerve the pitcher.