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Eric just started saying two-word sentences such as "Dada home" and "Doggie go." About how old is Eric likely to be?
Investment Banks
Financial institutions that provide a variety of services, including underwriting, acting as intermediaries in mergers and acquisitions, and facilitating securities trading.
Initial Margin
The minimum amount of equity required to enter into a leveraged position or futures contract to cover potential losses.
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.
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