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 Factor:
- Examples A financial institution that buys a firm's accounts receivable and collects the accounts fictitious credit definition.
- Definition Flight To Quality:
- Examples The tendency of investors to move toward safer investments (often government bonds) during periods of high economic uncertainty fictitious credit explain.
- Definition Financial Institutions Reform, Recovery And Enforcement Act Of 1989 (FIRREA):
- Examples Legislation that established the Office of Thrift Supervision, which was created in the wake of the savings and loan crisis of the late 1980s fictitious credit what is.
- Definition Forward Premium:
- Examples A currency trades at a forward premium when its forward price is higher than its spot price fictitious credit meaning.
- Definition Financial Needs Approach:
- Examples A method of establishing the amount of life insurance required by an individual by estimating the financial needs of dependents in the event of the individual's death fictitious credit abbreviation.
