Margin Account (Stocks): A leverageable account in which stocks can be purchased for a combination of cash and a loan. The loan in the margin account is collateralized by the stock; if the value of the stock drops sufficiently, the owner will be asked to either put in more cash, or sell a portion of the stock. Margin rules are federally regulated, but margin requirements and interest may vary among broker/dealers.

 

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Margin Account (Stocks): A leverageable account in which stocks can be purchased for a combination of cash and a loan. The loan in the margin account is collateralized by the stock; if the value of the stock drops s . . . View Full Definition

Marginal Tax Rate: Because the US income tax system is progressive, your tax rate rises as your taxable income rises through two or more tax brackets. Your marginal tax rate is the rate you pay on the taxable . . . View Full Definition

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Marginalia: Drawings, notation, illumination, and doodles appearing in the margins of a medieval text, rather than the central text itself.