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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 ?
The question of how in our day to call forth new lay ministers is increasingly important.
She teases us with three, four or more bright, warm-to-hot days to call forth buds and blooms on trees and shrubs, and then blackens the newly emerged foliage and flowers with a sharp killing cold that is then followed by delightfully balmy weather.
His attempt to call forth the faith of his friends and neighbors went unanswered.
ARTICLE 34: (Modification of the Budget):- Should any considerations that which call forth the carrying of any modification in the state's budget or any other circumstances or consideration arise on the basis of essential variables in economic and financial aspects, the Minister shall prepare a bill of law for amending the budget and submits it to the Cabinet which refers it the Shura Council and the House of Representatives for discussion and consideration thereof in accordance with the provisions of the Constitution.
me a book of the dead, say something in the dark as if to call forth