Undermargined account
Is a margin account the doesn't meet specified criteria from the firm where the account is held, and is thus called and required to repay money in the account. This is commonly referred to as a margin call.
CATEGORIES ...
Undermargined account
Definition:
A margin account that no longer meets minimum maintenance requirements, requiring a margin call on the investor. ...
Undermargined accounts are investor accounts that have dropped below the minimum standard of maintenance requirements set by the brokerage house.
underlying security See 'underlier' undermargined account An account that lacks sufficient funds to meet margin requirements, resulting in a margin call.
U - Unappropriated Profit, Unbundling, Undermargined Account, Undersubscription, Undervalued Shares, Underwriter, Unissued Share Capital, Unit Trust of India or UTI, Unlisted Share, Unlisted Shares, Valuation of, Unloading, ...
Interest Deduction (finance term)
Undermargined Account (finance term)
Buying on Margin (business term)
Margin Agreement (finance term) ...
This process is referred to as an auto-liquidation, because the optionsXpress system automatically generates the offsetting orders when it discovers a dangerously undermargined account.
 See also: Margin Call, Margin, Investment, Trading, Broker
  
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