Margin balance is the total balance in a margin account. If the balance is negative, then the amount is owed to the brokerage firm. If the balance is positive, then the money is available to the account holder to reinvest, or is left in the account to earn interest.
Famous quotes containing the words margin and/or balance:
“Then he rang the bell and ordered a ham sandwich. When the maid placed the plate on the table, he deliberately looked away but as soon as the door had shut, he grabbed the sandwich with both hands, immediately soiled his fingers and chin with the hanging margin of fat and, grunting greedily, began to much.”
—Vladimir Nabokov (1899–1977)
“As the House is designed to provide a reflection of the mood of the moment, the Senate is meant to reflect the continuity of the past—to preserve the delicate balance of justice between the majority’s whims and the minority’s rights.”
—Lyndon Baines Johnson (1908–1973)