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day loan

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Day loan
A loan from a bank to a broker prior to the delivery of securities. Upon the delivery of the securities, a day loan becomes a regular broker call loan for which securities serve as collateral.
day loan
A one-day loan made by a bank to a broker for the purchase of securities. The loan is used until delivery allows a regular call loan to be arranged.


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On another issue, Hahn criticized Villaraigosa's support for the Pay Day loan companies, saying it takes advantage of minorities and the poor with high check-cashing rates.
CANDIDATES CLASH OVER ATTACKS VILLARAIGOSA PUSHES HAHN TO SHARE OWN ... by Daily News (Los Angeles, CA)
DGSE's growing consumer loan activities are represented by Pawn Shop activities under the name National Pawn and Pay Day loan activities under the name American Pay Day Centers.
DGSE Companies, Inc. Announces Opening of First "National Pawn" ... by Business Wire
We are now positioned to grow our core business as well as fully develop our pay day loan business under the banner of Easy Money Express.
LitFunding Announces Results of Cost-Cutting Initiatives by Business Wire
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