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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 ?
We stood or lay around the lip, listening for maybe half an hour, and then Arthur, after some hesitation, called down, "What's your name?" This, after all, seemed like the most natural question.
"I called down to the airfield so I could go down to land and I came back in and landed safely.
She called down to reception for paper and ribbon and giftwrapped the contents of her room.
HUMAN hair gathered from salons across Cardiff has been used to create an artwork called Down in the Basement.
It was an evening called Down The Pub and was performed by year 10 drama students.
Kim went upstairs but was called down to collect a bag before going back up to her room, the coroner was told.
Paige Brown failed to respond when she was called down for her lunch at the family home in Hawkinge, near Folkestone, Kent.
HERE'S a poem called Down Behind The Dustbin, by Chipper member Emma Insley, aged nine
The conference at Coventry Cathedral, called Down to Earth, will be attended by the Bishop of Coventry, the Rt Rev Colin Bennetts (pictured right).
In 1953 the Chronicle ran a series of articles called Down Your Street which looked at different areas in the North East.
CROXTETH: An afternoon of family activities called Down On The Farm being is held at Croxteth Hall and Country Park this Sunday at 2pm.