Definition of Active Box

a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z

search

TeachMeFinance.com



Active Box -- Securities used as collateral for obtaining brokers' loans or customers' margin positions. The collateral is available in the location or box where securities are kept on behalf of a broker-dealer or the broker-dealer itself. Securities that are used as loan guarantee in this way must either be owned by the firm or hypothecated to it by the customer.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.