maintenance

Definition

Cash and/or securities deposited in a brokerage account to fulfill the margin requirements of the brokerage and NASD.

Use maintenance in a sentence

You need to keep up the maintenance on all of the major machinery in your factory so it does not break down.

​ Was this Helpful? YES  NO 11 people found this helpful.

Their maintenance staff was working great together and it made everyone feel good about our company and how everyone pitched in.

​ Was this Helpful? YES  NO 10 people found this helpful.

When I opened a new account to trade stocks and bonds on margin, my broker made me deposit funds into the account to make sure there was sufficient maintenance to meet legal requirements.

​ Was this Helpful? YES  NO 9 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
monthly association dues management