Meaning LENDING AT A PREMIUM: A loan from one broker to another of securities to cover a customer's short position, with a borrowing fee included. A fee is unusual since securities are normally lent freely between brokers
More terms such as Lending at a premium in Dictionary L.
- Definition Law Of One Price:
- Examples stating that a given security must have the same price no matter how the security is created. If the payoff of a security can be synthetically created by a package of other securities, the lending at a premium definition.
- Definition Leveraged Lease:
- Examples under which the lessor borrows a large proportion of the funds needed to purchase the asset. The lender has a lien on the assets and a pledge of the lease payments to secure the borrowing lending at a premium explain.
- Definition Lombard Rate:
- Examples international equities. Interest rate the German Bundesbank uses as an upper limit to the day-to-day money rate, since no bank will pay higher rates in the money market than it has to pay for very lending at a premium what is.
- Definition Limit Order Information System:
- Examples The electronic system supplying information about securities traded on participating exchanges so that the best securities prices can be found lending at a premium meaning.
- Definition LEGAL:
- Examples A computerized database maintained by the NYSE to keep track of enforcement actions, audits, and complaints against member firms. This term is not an acronym but is referred to in capitals lending at a premium abbreviation.
