(1) The liquidation of securities by the broker when the customer fails to pay for the purchase (2) The liquidation of securities when the customer's equity falls below the minimum maintenance requirements of the brokerage firm
When a client fails to pay and take delivery of the shares bought on behalf of him by the broker, the broker sells off the shares at the best market price and the client is responsible for any financial loss to the broker
Liquidation of a margin account after a customer has failed to bring an account to a required level by producing additional equity after a margin call The selling of securities by a broker when a customer fails to pay for them The complete sale of all securities in a new issue
An action by the broker when a customer fails to pay for securities purchased and securities received from the selling broker are sold to cover the transaction
An action by the broker when a customer fails to pay for securities purchased and securities received from the selling broker are sold to cover the transaction
When a client fails to pay and take delivery of the shares bought on behalf of him by the broker, the broker sells off the shares at the best market price and the client is responsible for any financial loss to the broker
disapproval If you accuse someone of selling out, you disapprove of the fact that they do something which used to be against their principles, or give in to an opposing group. The young in particular see him as a man who will not sell out or be debased by the compromises of politics Many of his Greenwich Village associates thought Dylan had sold out to commercialism
If a shop sells out of something, it sells all its stocks of it, so that there is no longer any left for people to buy. Hardware stores have sold out of water pumps and tarpaulins The next day the bookshops sold out
(1) The liquidation of securities by the broker when the customer fails to pay for the purchase (2) The liquidation of securities when the customer's equity falls below the minimum maintenance requirements of the brokerage firm
Liquidation of a margin account after a customer has failed to bring an account to a required level by producing additional equity after a margin call The selling of securities by a broker when a customer fails to pay for them The complete sale of all securities in a new issue
disapproval If you describe someone's behaviour as a sell-out, you disapprove of the fact that they have done something which used to be against their principles, or given in to an opposing group. For some, his decision to become a Socialist candidate at Sunday's election was simply a sell-out
Occurs when a contract brokerage firm's client incurs a margin or maintenance call and does not settle the balance by settlement date The firm then sells the securities at the best price available and the buyer is held liable for the price and costs