loan crowd

Definition

Stock exchange members that lend and borrow securities from one another in order to cover their customers' short positions. The term "loan crowd" came from the fact that this group of people gathered at a designated area on the floor of an exchange.
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
loan credit default swap index (LCDX) loan discount fee