Business, Legal & Accounting Glossary
Value used to determine a margin account’s position, as required by Regulation T. This is the amount a customer owes a broker, minus profits on short sales and balances in a special miscellaneous account. If the adjusted debit balance is very small, the customer can withdraw cash or securities from a margin account.
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This glossary post was last updated: 20th November, 2021 | 0 Views.