active box

Active box

Securities that are held in safekeeping and are available as collateral for securing brokers' loans or customers' margin positions.

Active Box

Collateral used to secure funds borrowed on a margin account. A margin account allows an investor to buy securities with money borrowed from a broker; the funds are payable on demand of the broker. They also must be secured by an active box, which usually consists of securities owned by the borrower. The "box" refers to a safe where the stock and bond certificates are kept until the margin account is paid off. It is also called an open box.

active box

See open box.
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With nothing more complicated than the remote keyboard of their discrete ITV Active box, plus a connection to an existing phone line, users of GIG's service will be able to easily place bets on almost any kind of live sports event--including the hugely popular UEFA Champions League broadcasts on ITV and ITV Digital.
ITV Active requires connection to a fixed telephone line; the ITV Active box is provided free on loan for as long as a subscription is maintained.