broker's loan


Definition of broker's loan

1 : a loan by a bank to a stock-exchange broker secured by negotiable securities
2 brokers' loans plural : the aggregate amount of money loaned to brokers (as in the New York market) at any given time

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broker's loan

broker's price opinion

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Cite this Entry

“Broker's loan.” Dictionary, Merriam-Webster, Accessed 1 Dec. 2021.

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