Capital Builder Account

Capital Builder Account (CBA)

A Merrill Lynch brokerage account that allows investors to access the loan value of his or her eligible securities to buy or sell securities. Excess cash in a CBA can be invested in a money market fund or an insured money market deposit account without losing access to the money.

Capital Builder Account

A brokerage account in which the client may use the loan value (or maximum amount a brokerage may lend for margin purchases) of securities in a margin account to finance the purchase and sale of different securities. Generally speaking, the extra funds from the loan value are placed in a money market account that the investor may use at will. Capital builder accounts are offered exclusively through Merrill Lynch.
References in periodicals archive ?
Nationwide's existing 90-day Capital Builder account pays only 5.
Savings Bond went to Stephanie Becherer, 11, of Lauderhill, FL, and the two grand prize winners in the Merrill Lynch Employee Category was Eugene Wang, 17, of Fanwood, NJ, and Nikki Jaeger, 10, of West Palm Beach, FL, who each received $1,000 in a Merrill Lynch Capital Builder Account.
The Debt-Free America Capital Builder Account program and the International Wealth Builder program anchors this opportunity.
Full browser ?