Meaning FICTITIOUS CREDIT: A margin account's credit balance. Fictitious credit exists after the proceeds from a short sale are accounted for with respect to the margin requirement. The proceeds from the short sale are reflected as a credit, but must stay in the account to serve as security for the loan of securities made in a short sale, and are therefore inaccessible to the client for withdrawal
More terms such as Fictitious credit in Dictionary F.
- Definition Funded Debt:
- Examples Debt maturing after more than one year fictitious credit definition.
- Definition Forward Exchange Transaction:
- Examples Foreign currency purchase or sale at the current exchange rate but with payment or delivery of the foreign currency at a future date fictitious credit explain.
- Definition Financial Intermediaries:
- Examples Institutions that provide the market function of matching borrowers and lenders or traders fictitious credit what is.
- Definition Financial Leverage Clientele:
- Examples A group of investors who have a preference for investing in firms that adhere to a particular financial leverage policy fictitious credit meaning.
- Definition Floor Picture:
- Examples Details of the trading crowd for a stock, such as the major players, their sizes, and the outside market +/- an eighth fictitious credit abbreviation.
