brokersÂ’ loan

brokersÂ’ loan definition - finance
Money borrowed by brokers from banks in order to pay for inventories of stock, finance the underwriting of corporate or municipal debt, or provide financing for their customersÂ’ margin accounts.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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