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debit balance

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Debit balance
The amount that is owed to a broker by a margin customer for loans the customer uses to buy securities.
debit balance
The amount owed in a brokerage margin account. A debit balance occurs when an investor purchases securities on margin or borrows money from the account by using securities as collateral. Brokerage firms typically charge an interest rate on the borrowed funds that varies with the size of the debit balance. Compare credit balance. See also call loan.
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I definitely have a debit balance in my music equity account," he says.
One sax-y CPA by Rosen, Cheryl / Journal of Accountancy
There is no credit risk as customers can be disconnected immediately their credit or debit balance reaches zero.
VoIP, Inc. Expands International Service Provider Roster by Business Wire
However, if your stock is held in a margin account that has a debit balance, you may need to put additional cash or other marketable securities in to the account in order to get the company's stock out of the loanable base.
Storage Computer Updates Shareholders by Business Wire
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