When Your Equity Position in a Security Is Less Than

question 38

Multiple Choice

When your equity position in a security is less than the required amount, your brokerage firm will issue a:

• A)margin call.
• B)margin certificate.
• C)cash certificate.
• D)limit order.
• E)leverage call.

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Definitions:

Short-Term Memory

A limited-capacity memory system capable of briefly storing information for a short period before it is forgotten or transferred to long-term memory.

Short-Term Memory

The part of the memory system that temporarily holds a limited amount of information for a brief period.

Digits

Numerals (0-9) used in numerical systems, or the fingers and toes of hands and feet.