Definition of Make-down

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TeachMeFinance.com - explain Make-down




historic definition...

Make-down -- When in order to effect a make-up (see Makeup) on the London Stock Exchange a firm opens an account for this purpose with another firm the stocks or shares concerned are said to be made down ; the name for the transaction is make-down.



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".


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