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Blocked Account
(redirected from Blocked Accounts)

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Blocked Account
A margin account in which the amount of equity is below SEC or brokerage requirements. Such an account is not allowed to buy any more stocks until the level of equity is raised; a portion each sale of stock must be used to pay down the account's debt. Regulation T sets the minimum equity standards, but individual brokerages may set higher standards. In general, however, an account becomes blocked when the market value of the stocks purchased on margin falls below the amount owed on the stocks. A blocked account is sometimes referred to as a restricted account.
blocked account
See restricted account.
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Due to unsettled debts, the Internal Revenue Office continued blocking banks accounts of firms and individuals in December 2010 and, according to National Bank statistics, blocked accounts in December totaled 89,232, which is an increase of 2,000 from November.
2,000 bank accounts blocked in a month by INFOMAC Daily News Service
National Bank officials say that last year the increase in bad loans at a 2-digit rate continued, just as the number of blocked accounts of physical persons.
Macedonians borrowing money least by Macedonian Business Monthly
About US$140 million has been repatriated, and another US$200 million is in blocked accounts.
PERU: MINOR CORRUPTION JUST PART OF LIFE IN PERU by Fraser, Barbara J. / NotiSur - South American Political and Economic Affairs
 
 
 
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