margin
margin definition - legal
n
- The difference between the amount of a loan and the market value of the collateral securing it.
- Cash or other collateral given or paid to a stockbroker to secure him or her against losses incurred extending credit to an investor.
- The investorÂ’s equity in stocks purchased by a broker extending credit to the investor.
Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
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