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Margin Loan
A loan given by a broker to an investor to purchase securities, where the securities act as collateral for the loan.
Round Lots
Standardized number of units of a financial instrument, usually 100 shares for stocks.
Per Share
A financial metric that represents some quantity divided by the total number of outstanding shares of a company, often used in financial ratios.
First-day Returns
The percentage change in price of a stock or other security from its offering price on its first day of public trading.
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