The meaning and definition of Buying Power - The m
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Posted On: 03/16/2013 12:09:46 AM
The meaning and definition of Buying Power -
The maximum amount of money available to buy securities in a brokerage account without adding additional equity. For a non-margin account, buying power is the value of cash held in the account. For a margin account, buying power is the value of cash plus marginable securities, plus the value of the Special Miscellaneous Account.
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