| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 3,898,148,197 visitors served. |
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Lending at a Premium |
0.01 sec. |
|
|
Lending at a premium A loan from one broker to another of securities to cover a customer's short position, with a borrowing fee included. A fee is unusual since securities are normally lent freely between brokers. Lending at a Premium A loan of a security between two brokers where the lending broker charges a fee to the other. Lending at a premium occurs to cover the cost of the short sale of the security by a client. It is not common to lend at a premium (most brokers lend securities to each other for free as a courtesy); it primarily occurs for illiquid securities.
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
|
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup |
|---|