maintenance


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Maintenance

Appropriate ongoing adjustments to security holder records.

Maintenance Margin

The money or securities an investor keeps in a margin account in order to be able to borrow from a brokerage for short sales or other purposes. The maintenance is kept as collateral until the brokerage calls the margin and the client pays back what is owed. FINRA requires that the maintenance kept must be at least 25% of the amount borrowed, while some brokerages require maintenances of up to 50%. See also: Restricted account.

maintenance

the management process of repairing and maintaining buildings, plant, machinery and equipment to avoid breakdowns and disruption to production. Effective maintenance requires the firm to draw up appropriate plans and timetables, taking into account the frequency of maintenance required, available personnel, ordering and stocking of spare parts etc.

The maintenance function provides an important service to production, marketing and administration departments. Routine maintenance within a firm is often undertaken by the firm's own maintenance department, while major refurbishment of machines may be contracted to specialist outside firms.

See TOTAL PRODUCTIVE MAINTENANCE, PREVENTIVE MAINTENANCE, INSPECTION, WORK-BASED MAINTENANCE, TIME-BASED MAINTENANCE, PRODUCTION MANAGEMENT, LEAN MANUFACTURING.

maintenance

The care and upkeep of a building to keep it in roughly the same condition as when it was first built,except for natural changes in the patina of finishes.

References in periodicals archive ?
He said that in fiscal year 2012-13, a total of Rs 4.468.619 million were spent on the maintenance of NHA roads out of which Rs 1,300.89 million were spent on rehabilitation, Rs 833.919 million on periodic maintenance and Rs 2,333.805 million on routine maintenance.
In fiscal year 2013-14,he said, Rs 2,807.496 million were spent maintenance of roads out of which Rs 757.715 million were spent on rehabilitation, Rs 463.414 million periodic maintenance and Rs 1,586.367 million were spent on routine maintenance, he informed.
When taking oil analysis to the next level for optimizing equipment reliability root cause analysis focuses on the source equipment failure and maintenance issues.
(Bill) O'Brien Award for Excellence in Aircraft Maintenance, is the grand prize for the team with the overall winning score in the Aerospace Maintenance Competition.
Maximum uptime - one planned overhaul operation instead of several small production stops for maintenance.
"Proactive maintenance is really a combination of all those technologies; the difference is the application on an asset-by-asset basis," says Ken Stack, Vice President of Solutions & Transitions at C&W Services in Auburndale, MA, referring to the other modes of maintenance.
In this survey, we have reached most of those industries, local business and subsidiaries, in order to have a clear picture about maintenance management in Moroccan industries.
* Maintenance will develop and use information concerning the utilization of labor, the status of work, backlog, cost and repair history to ensure effective control of its activities and related economic decisions such as equipment replacement.
Main Aspects of Building Maintenance Management Best Practices:
6 billion to carry out road maintenance activities effectively," he said while addressing a workshop on the annual road maintenance programme.
* TM 1-1500-204-23-1, General Aircraft Maintenance (General Maintenance and Practices) Volume 1.

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