Margin Department

Definition

Division of a brokerage firm that examines clients' accounts to ensure that necessary transactions can be covered by the margin balance present in the account and is at the level determined by the brokerage firm and/or the Federal Reserve. The Margin Department primarily focuses on transactions that involve extending credit to clients.

Use Margin Department in a sentence

You should always make sure that you let the margin department know of any changes you will make in the future.

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If you want to make sure that you are finding the best investments you can you need to have a good margin department.

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The Margin Department had performed a check to ensure the clients margin trading account had sufficient funds to complete the transaction.

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