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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 ?
On May 22, when asked to comment on the nuclear tests in India, Vatican spokesman Joaquin Navarro-Valls called attention to a speech in January in which the Pope recommended a cessation of all refinements of nuclear armaments, the first step towards general disarmament.
They called attention to the seductive potential of their poetic icons in an effort to fashion Reformed subjectivities capable of reading signs rightly.
Singleton, president and chief operating officer of the Lynchburg Foundry Co/Intermet Corp and AFS president, in his dinner address called attention to the staying power of gray iron castings despite the competition from highly-touted ductile and specialty irons like austempered, compacted graphite and silicon moly formuations.