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Money at call and at short notice


An item on a balance sheet of a bank. Money at Call is money that must be repaid on demand. Money at short notice may be money borrowed for, say, twenty-four hours, at a very low interest rate. There is a great deal of money at short notice circulating in the City. When more money is offered than required, money is said to be 'easy' - when the reverse is true, money is said to be 'tight' in Lombard Street. 

Reference: The Penguin Business Dictionary, 3rd edt.