carrying charges
Definition 1
A portion of the finance charge for a loan that is used by the lending organization to recover the cost of collecting loan payments, booking the loan and accounting for the possibility of bad debt.
Definition 2
The charge levied by brokers for the use of margin for securities purchases. It is similar to the fee charged to someone who uses a credit card for purchases.
A portion of the finance charge for a loan that is used by the lending organization to recover the cost of collecting loan payments, booking the loan and accounting for the possibility of bad debt.
Definition 2
The charge levied by brokers for the use of margin for securities purchases. It is similar to the fee charged to someone who uses a credit card for purchases.
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... part of the Brokerages and Lending & Credit subjects.
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