Shares Acquired on Margin

question 9

Essay

Shares acquired on margin
What does it mean when an investment in shares is acquired on margin and how is the asset recorded?

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Definitions:

Explanation of Benefits (EOB)

A document provided by insurance companies to describe the costs covered for medical services rendered, and any patient responsibility.

Coinsurance Co-payment Amount

The portion of healthcare service costs that an insured person is responsible for paying, after the insurance has covered its share.

CMS-1500 Form

A standard form used by healthcare providers to submit insurance claims to Medicare and other health insurance providers.

Authorized Person's Signature

The signature of an individual who has been officially empowered to perform a particular action or represent a certain authority.