Cash that is held in a customer's account that is able to be withdrawn by that customer at any time without penalty or restrictions. The amount of the free credit balance is determined by the total amount of money that remains in a margin account after margin requirements.
Related information about free credit balance:
- Free Credit Balance Definition | Investopedia
The cash held by a broker in a customer's margin account that can be withdrawn by the customer at any time without restriction. This balance is calculated as the ...
- Free Credit Balance - Financial Dictionary - The Free Dictionary
The cash in a brokerage account to which the account holder may receive at any time or use to buy more securities. The free credit balance usually comes from ...
- free credit balance - Invest Definition
free credit balance definition: Cash held in a brokerage account that may be withdrawn or used to acquire additional securities. Free credit balances generally ...
- Free Credit Balance: Definition from Answers.com
Free Credit Balance The cash held by a broker in a customer's margin account that can be withdrawn by the customer at any time without restriction.
- What Is a Free Credit Balance?
A free credit balance is the amount of available credit left on a revolving or rotating line of credit. In other words, it refers to the amount of remaining buying power ...
- What is free credit balance? definition and meaning
Definition of free credit balance: Cash that is held in a customer's account that is able to be withdrawn by that customer at any time without penalty or restrictions.
- 1901 USE OF CUSTOMERS' FREE CREDIT BALANCE SEA ... - finra
USE OF CUSTOMERS' FREE CREDIT BALANCE. SEA Rule 15c3-2. No broker or dealer shall use any funds arising out of any free credit balances carried for ...
- 17 CFR 240.15c3-2 - Customers' free credit balances. | LII / Legal ...
Apr 1, 2012 ... prev | next. § 240.15c3-2. Customers' free credit balances. No broker or dealer shall use any funds arising out of any free credit balance carried ...