Broker loan rate

Broker Loan Rate
The broker loan rate, also known as the call money rate, is the interest rate that banks charge a broker for the funds that the broker uses to make margin loans to clients.

Broker loan rate
Broker loan rate is the rate of interest, or finance charges, expressed as a percentage of the total debt, that a broker must pay when borrowing money to fund customers' margin accounts.
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broker loan rate
interest rate at which brokers borrow from banks to cover the securities positions of their clients.

BROKER LOAN RATE - Related: Call money rate.
BROKER NON-VOTES - Proxies received from brokers or nominees holding shares for a beneficial owner indi...

Broker loan rate
Related: Call money rate.
Brokered CD
A certificate of deposit issued by a bank or thrift institution bought by a brokerage firm in bulk for the purpose of reselling to brokerage customers.

See: Broker Loan Rate; Margin Account; Underwrite
Generally Accepted Accounting Principles (GAAP)
Detailed rules and procedures as defined by accepted accounting practices.

Also called the broker loan rate, the interest rate that banks charge brokers to finance margin loans to investors. The broker charges the investor the call money rate plus a service charge. Buying on margin
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Dictionary Term
broker loan rate
Dictionary Term
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Call loan rateSee: Call money rate Call money rateAlso called the broker loan rate , the interest rate that banks charge brokers to finance margin loans to investors. The broker charges the investor the call money rate plus a service charge.

See: Broker loan rate. General mortgage A type of obligation that covers all a borrower's mortgageable properties, not just one specific property.

The interest rate that banks charge brokers to finance margin loans to investors. Also called the broker loan rate. A broker typically will charge an investor the call money rate plus a service charge.

Broker's Call Loan (in banking)
Money Market Rates (in banking)
Federal Funds (business term)
Broker Loan Rate (finance term)
Blended Rate (in banking)
Fed Bias (finance term)
Tight Money (in banking) ...

Any person, other than a bank, engaged in the business of buying or selling securities on its own behalf or for others. See: Dealer.
Broker loan rate
Related: Call money rate.
Brokered CD ...

Call rate: The rate of interest banks charge broker/dealers on loans collateralized by securities, often called the broker loan rate.

General loan and collateral agreement
The agreement governing the broker-dealer's borrowing against listed securities from a bank for the purpose of carrying on business and making transactions. See: Broker loan rate.

broker loan rate Interest rate that banks charge to brokers to finance margin loans to investors. Also known as call money rate. broker recommendation An opinion given by an analyst to his/her clients about whether a given stock...

Broker loan rate Related: Call money rate. Brokered market A market where an intermediary offers search services to buyers and sellers. Bubble theory Security prices sometimes move wildly above their true values until the "bubble bursts".

[ITDS] call money rate Also called the broker loan rate, the interest rate that banks charge brokers to finance margin loans to investors. The broker charges the investor the call money rate plus a service charge.

See also: Banks, Call money, Call money rate, Bills, Service charge