Federal Reserve Board limit on how much credit a bank can allow a customer for the purchase and carrying of margin securities.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
A regulation of the Federal Reserve Board governing the total amount a bank may lend a customer for purposes of buying securities. This contrasts with Regulation T, which governs the same thing for brokers and dealers.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A Federal Reserve regulation that controls bank loans made to customers for the purpose of purchasing and carrying listed stocks.
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.