Home > Term: Day loan
Day loan
A loan from a bank to a broker prior to the delivery of securities. Upon the delivery of the securities, a day loan becomes a regular broker call loan for which securities serve as collateral.
- Kalbos dalis: noun
- Pramonės šaka / sritis: Financial services
- Category: General Finance
- Company: Bloomberg
0
Kūrėjas
- Harry8L
-
(V.I.P) 574128 points - 100% positive feedback
(London, United Kingdom)
