house maintenance requirement

house maintenance requirement definition - business

house maintenance requirement

The minimum equity that must be kept in a customer's margin account as determined by the firm holding the account. A house maintenance requirement is imposed when a brokerage firm desires a more strict maintenance margin requirement than the one required by an exchange or by the National Association of Securities Dealers.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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