Advertising

Close out

• Is the action taken by a brokerage firm when a client failed to pay for previously purchased securities. Here, the brokerage firm will sell the aforementioned securities.

 
 Embedded terms in definition
 Firm
Securities
Sell
Will
 
 Related Terms
 

<< Close Close, the >>

What Happens If a Bank Fails?: How the FDIC protects depositors, including providing quick access to insured funds. More...

Always aim for achievement, and forget about success. - Helen Hayes

Advertising



Copyright 2009-2019 GVC. All rights reserved.