maintenance call

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Maintenance call

A call for additional money or securities when a margin account falls below its exchange-mandated required level.

Maintenance Call

An order by a brokerage for an account holder to deposit more cash or securities into a margin account when the value of the cash and securities currently in it falls below some defined percentage. Every margin account has a maintenance margin requirement, which is money or securities an investor must keep in his/her margin account in order to be able to borrow from the brokerage. FINRA requires that the maintenance margin must be at least 25% of the amount borrowed, while some brokerages require maintenances of up to 50%. If the maintenance margin falls below this, the account may be subject to a maintenance call. If the account holder is not able to make the necessary deposit, he/she must close out enough positions in order to make the deposit, or risk the account becoming blocked. A maintenance call is a form of a margin call.

maintenance call

A call to an investor for additional funds when the market value of securities in the investor's margin account has fallen to the point that the investor's equity (that is, the value of the securities minus the amount owed) does not meet an established minimum. If the investor does not supply the required money or securities, the firm will sell a certain number of securities sufficient to bring the account into conformity. A maintenance call is a type of margin call.
References in periodicals archive ?
A technical support team can quickly respond to user inquiries or troubleshooting matters by phone or in person, or schedule the mobile service center for preventative maintenance calls.
service support includes service and maintenance calls, the work of service personnel, all software licenses, consumables, and any spare parts that are worn during work, depending on the number of copies printed, excluding the cost of visiting outside office hours, and on the cost of the following supplies: - for color copier - staples ms-5c for finisher fs-607; - for black and white copiers - staples sk-701 for finisher fs-503, staples sk-601 for finisher sd-501 and gc-501 for finisher pb-501.
It is non-flammable, so is safe to use on the shop floor, in the lab, on maintenance calls and around live electronics.
Performing lamp changes simultaneously and including other services will significantly cut back the number of maintenance calls you make and the money you spend.
Store a few items onsite when possible to minimize maintenance calls throughout the year.
Live Response Solutions also manages resident maintenance calls.
As Wang supervisor, he installed and taught a telecommunications system that saved the company thousands of dollars in time and effort with fewer repairs and maintenance calls.
Yamato understands the importance of responding to customers' breakdown and maintenance calls in order to keep downtime to a minimum.
In an average month, the company answers more than 8,000 repairs and maintenance calls regarding the 16,000 council housing stock and municipal buildings in the borough.
By remotely viewing pipeline data and taking corrective action from any location or via the Internet, any pipeline issues could now be resolved without requiring support personnel to visit a station or make unscheduled maintenance calls.
Mighall, 52, of Dorchester Park, Prenton, earned pounds 25,000 a year running the help desk which dealt with maintenance calls.
After joining the department Mighall, of Dorchester Park, Prenton, earned pounds 25,00 a year running the help desk which dealt with maintenance calls.

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