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broker loan rate Finance Definition
An interest rate charged to brokers who need funds to cover the margin loans that they have extended to their customers. These loans can be called with short notice, even within 24 hours. Interest rates on broker loan rates usually are only about a percentage point above short-term interest rates like the federal funds rate. Also called call loan rate.

Browse dictionary entries near broker loan rate

  1. ‹ broker
  2. ‹ brokenhearted
  3. ‹ broken-winded
  4. ‹ broken wind
  5. ‹ broken-field
  6. ‹ broken-down
  7. ‹ broken
  8. ‹ broke
  9. ‹ broiler
  10. ‹ broil
  1. brokerage ›
  2. brokered CD ›
  3. brokering ›
  4. brokersÂ’ loan ›
  5. brolly ›
  6. brom- ›
  7. bromate ›
  8. brome ›
  9. bromeliad ›
  10. bromic ›