Margin Call Definition

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Jun 032021
 

A call from the futures clearinghouse to a clearing member (variation margin call), or from a broker to a customer (maintenance margin call), to add funds to their margin account to cover an adverse price movement. The added margin assures the brokerage firm and the clearinghouse that the customer can purchase or deliver the contract, if necessary

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Management Accounting Definition

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Jan 292021
 

A discipline that includes almost all manipulations of financial information for use by managers in performing their organizational functions and in assuring the proper use and handling of an entity’s resources; it includes the discipline of cost accounting

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Mutual Fund Definition

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Jan 262021
 

A professionally managed portfolio of stocks and bonds or other investments divided up into shares. Minimum purchase is often $500 or less, and mutual funds stand ready to buy back their shares at any time. The market price of the fund ‘s shares, called the net-asset value, fluctuates daily with the market price of the securities in its portfolio

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