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The term “on margin” means A: paying a high-interest rate on a bank or broker loan for an asset. B: paying the down payment on an asset and borrowing the balance. C: paying a loan back for an asset only after profiting from a trade.
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@monsteygoo @lsherron @bloofoffiction
@Lexidol
hmm
I want to say C
DEFINITION of Buying On Margin The purchase of an asset by paying the margin and borrowing the balance from a bank or broker. Buying on margin refers to the initial or down payment made to the broker for the asset being purchased. dang im a fast typer :P
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So it's B?
So b?
@Lexidol
yeah
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