The weighted-average term to maturity of the cash flows from the bond, where the weights are the present value of the cash flow divided by the price. If a customer's equity in any futures position drops to, or under, the maintenance margin level, the broker must issue a margin call for the amount at money required to restore the customer's equity in the account to the original margin level. An investment advisory fee charged by the financial advisor to a fund based on the fund's average assets, but sometimes determined on a sliding scale that declines as the dollar amount of the fund increases. Margin Also called security deposit. An amount of funds that must be deposited with the broker for each contract as a good faith deposit on the contract.
Margin call A demand for additional funds because of adverse price movement.
The daily adjustment of an account to reflect profits and losses. A price order, below market if a buy or above market if a sell, that automatically becomes a market order if the specified price is reached. This price is equal to the market price of the convertible security divided by the conversion ratio. This relationship is sometimes called the single-index model. In addition, the return will also depend on conditions that are unique to the firm.