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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

guaranteed account

A brokerage account that has its margin requirements or losses guaranteed by the assets of another account.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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