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ADB (1)

ADB (2)

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


1. Adjusted Debit Balance. The amount of money an investor owes on a margin account. This is calculated as the amount the investor directly owes his/her broker less the paper profit the investor has made on short sales and similar transactions on a special miscellaneous account. The adjusted debit balance is important to determining the amount owed in case of a margin call. According to Regulation T, an investor can only make a cash or securities withdrawal if the adjusted debit balance is small.

2. Asian Development Bank. A bank that promotes economic growth and international development in the Asia-Pacific region of the world. It finances its activities with bonds and works closely with the International Monetary Fund and the World Bank toward accomplishing its goals. Its two largest shareholders are the United States and Japan. It was established in 1966 and is headquartered in Manila.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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