Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 3 terms
The account held with an exchange member through which orders are placed; it holds funds temporarily, not shares.
Your money sits briefly with the broker; your shares never do. That separation is what makes a broker failure survivable.
Interest a broker levies daily on a debit balance in the trading account, at a rate published in its tariff sheet.
A dormant account with a small debit quietly compounds it. Exchange margin penalties are separate and passed through in full.
The running net of every credit and debit in a trading account — funds added, trades, charges and penalties.
Not the same as what you can withdraw, and not the same as the margin the app offers you. Three numbers, three meanings.