call

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Call

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.

call

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.

call

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 ?
It's clearly a clever ruse by Paula Radcliffe to ensure no one ever asks again whether Athens was her lowest moment - judging by how far she crouched down to answer the call of nature, she can now answer "no".
The Welsh midfielder has been disciplined to the tune of about pounds 60,000 after referee Graeme Poll reported him to the Football Association for entering the officials' dressing room without permission to answer a call of nature.
That Someone Else being the Prime Minister who was fortunately spared the Health and Safety risk by not feeling a call of nature during a whistle-stop 30 minute visit.
The Security Operations Unit officers pulled over to answer the call of nature - then pulled two conifer trees out of the ground.
They say a call of nature has to be relieved behind the nearest bush.
He said the 20-year-old single mother, who said she was 7 months pregnant, had gone to answer the call of nature on a hilly area near her home in Barangay San Benito, Calatrava, at noon on Thursday.
Great if you want to make a call, not so great if you need to make a call of nature.
DANCING queen Alesha Dixon had a 10ft tumble on Mount Kilimanjaro - while answering the call of nature.
1994: Council bosses who wanted to close five public conveniences in Liverpool argued that people caught short could pop into pubs and hotels to answer the call of nature. 1979: The hope was expressed of creating a West End feel to Liverpool's theatreland,by co-ordinating events at the Empire, Royal Court and Playhouse theatres and even transferring shows between theatres,according to ticket demand.
The TUC launched a campaign called "Gotta Go" aimed at improving facilities and making sure workers were not penalised for answering a call of nature.
It is claimed the Welsh midfielder, suffering from a stomach upset, burst into the officials' room before the midlands derby against Aston Villa to answer a call of nature as the dressing room toilet was engaged.
"We don't actually know why he was there other than to answer a call of nature," said one RUC officer.