A purchase and a sale of securities of the same value on the same day in a margin account which does not require an additional deposit.
Same-Day Substitution
You may be interested in
-
Sales Charge
A commission paid by an investor on an investment in a mutual fund.
Full definition 🠆 -
Same-Day Substitution
A purchase and a sale of securities of the same value on the same day in a margin account which does not require an additional deposit.
Full definition 🠆 -
Savings Bonds
A government bond sold to the general public, yielding variable interest.
Full definition 🠆