Tag: account
Offsetting Transaction
What is an 'Offsetting Transaction' In trading, an activity that exactly cancels the risks and benefits of another instrument in the portfolio....
On Account
What does 'On Account' mean On account is an accounting term that denotes partial payment of an amount owed or the purchase/sale...
Margin Call
DefinitionMargin Call is a 2011 American drama film written and directed by J. C. Chandor. The principal story takes place over a 24-hour period...
Omnibus Account
What is an Omnibus Account
An Omnibus account is a single account that is used to hold securities for multiple clients. The account is maintained...
Offshore Portfolio Investment Strategy (OPIS)
What is 'Offshore Portfolio Investment Strategy - OPIS' A tax shelter product designed to create large, seemingly real losses to be used...
Managed Futures Account
What is a managed futures account and how does it work
A managed futures account is an investment account in which a professional money manager...
Maintenance Margin
DefinitionIn finance, margin is collateral that the holder of a financial instrument has to deposit with a counterparty to cover some or all of...
Magnetic Ink Character Recognition Line (MICR)
What is 'Magnetic Ink Character Recognition Line - MICR' The information that appears at the bottom of a check that includes the...
Managed Account
What is a managed account and what are the benefits of using one
When it comes to investing, there are a lot of different approaches...
Absolute Beneficiary
What is 'Absolute Beneficiary' A designation of a beneficiary that can not be changed without the written consent of that beneficiary. Also...