Examlex
Cash with sequential serial numbers that are recorded by the bank is
Initial Margin
The portion of the purchase price that an investor must deposit when buying securities on margin.
Purchase GM Stock
The action of buying shares in General Motors Company, an American multinational corporation that designs, manufactures, markets, and distributes vehicles and vehicle parts.
Shares
Shares represent units of ownership interest in a corporation or financial asset, providing an equal distribution in any profits, if any are declared, in the form of dividends.
Maintenance Margin
The minimum amount of equity that must be maintained in a margin account to avoid a margin call.
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