Series 65: Margin

Taken from our Series 65 - NASAA Uniform Investment Advisor Law Exam

Definition of the term Margin...

the option given to customers to borrow money to buy additional securities, using their existing securities as collateral for the loan. Also refers to the amount of equity contributed by a customer to a margin account, expressed as a percentage of the total market value of the securities in the account.

Since you're reading about Series 65: Margin, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 65
Please Enable Javascript
to view this content!