margin stock

Margin stock

Any stock listed on a national securities exchange, any over-the-counter security approved by the SEC for trading in the national market system, or appearing on the Board's list of over-the-counter margin stock and most mutual funds.

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margin stock

A stock with qualifications such that it is considered to have loan value in a margin account. This kind of stock usually includes all listed stocks and selected over-the-counter stocks meeting Federal Reserve criteria. Stocks not on the margin list must be paid for in full. Also called OTC margin stock.