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Guaranteed Account

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Guaranteed Account
1. A margin account at a brokerage where the maintenance requirement is secured by the assets or the excess margin on another account. This reduces the risk to both the brokerage and the account holder.

2. See: Insured Account.
guaranteed account
A brokerage account that has its margin requirements or losses guaranteed by the assets of another account.
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v) The lending institution shall comply with such directions as may be issued by the State Bank or the SBP BSC, from time to time, for effecting or facilitating recoveries in the guaranteed account, or safeguarding interest of the SBP BSC as a guarantor, as the SBP BSC may deem fit and the lending institution shall be bound to comply with such directions.
Microfinance credit guarantee facility by Balochistan Times (Baluchistan Province, Pakistan)
Pinnacle was created by six previous Birmingham Midshires' employees who are able to draw on their vast knowledge of banking background and can provide advice on a large array of guaranteed accounts, in addition to traditional investment and pension products.
Pinnacle provides high-level advice; Advertisement Feature by Birmingham Mail (England)
You should keep at least three to six months' worth of living expenses in a liquid, guaranteed account.
What to Do With a Windfall by Kimberly Lankford, Contributing Editor, Kiplinger's Personal Finance / Kiplinger.com
 
 
 
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