broker loan

Definition

Money lent to brokers by banks, for financing the underwriting of new issues, financing customer margin accounts, and other purposes.

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Related Terms

call money rate - More

Mentioned in these terms

broker loan rate

Popular 'Brokerages' Terms

sell limit order
limit order
broker
investment bank
mark-to-market

account
purchase
buy limit order
underwriting
buying on margin

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broker loan is ...

... part of the Brokerages, IPOs and Lending & Credit subjects.

Nearby Terms

broad money
broad tape
broad-base index
broken lot
broker
broker loan
broker loan rate
broker recommendation
brokerage
brokerage account
brokerage firm