loan consent agreement

Loan Consent Agreement

The agreement between a brokerage and a client governing a margin account. The SEC requires the parties to sign a loan consent agreement before the brokerage can lend securities to the client.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

loan consent agreement

A part of a margin account agreement between a brokerage firm and a client that permits the brokerage firm to lend securities owned by the client.
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.