Related Words

Customer: A prospective buyer of real estate. Not to be confused with a property seller, who is the listing brokers client.

Customers Loan Consent: Customer is firm on price and has set the price at which to transact.

Know Your Customer: An ethical foundation of securities brokers that an adviser who recommends the purchase or sale of any security to a customer, must believe that the recommendation is suitable for the custom . . . View Full Definition

Customers Net Debit Balance: Agreement signed by a margin customer that allows a broker to borrow margined securities up to the level of the customer's debit balance to help cover other customers' short positions.

Customer Acquisition Cost: The average cost to a carrier of signing up an individual subscriber. Some of the factors included in the cost are handset subsidies, marketing, advertising and promotions.

Customer Information Control System (CICS): Customer Information Control System. A general purpose IBM mainframe-based transaction management system. CICS is one of IBM's most widely used database - data communications subsystems.

Automated Customer Account Transfer (ACAT): For transfers of securities from a non-equity trading account to your equity trading account with your broker.

Separate Customer: Method of allocating insurance by the Securities Investor Protection Corporation. Each account that is under the name of a different person or group of people is entitled to maximum protection.

Customer Picking Prices: A range of payout ratios that is typical according to an analysis of comparable firms.

Player: Used in the context of general equities. Customer or trader who is actively involved in a particular stock or the market in general.