Related Words

Deferred Maintenance: Physical deterioration of a building resulting from postponed maintenance.

Maintenance Manual: A manual produced by the manufacturer of an aircraft, aircraft engine, or component that details the approved methods of maintenance.

Maintenance Margin Requirement: A sum, usually smaller than but part of the original margin, that must be maintained on deposit at all times. If a customer's equity in any futures position drops to or below, the maintenanc . . . View Full Definition

Maintenance Medication: Medications that are prescribed for long-term treatment of chronic conditions, such as diabetes, high blood pressure or asthma. Maintenance medications are available through Tel-Drug Rx, CIG . . . View Full Definition

Maintenance Fee: A regular charge levied by the management company of a particular resort or the homeowners association responsible for the upkeep of the property. This fee generally also covers taxes, utili . . . View Full Definition

Maintenance Charges: Monthly or annual charges assessed in a condominium, planned united development, or cooperative development to cover operational costs.

Health Maintenance Services: Any health care service or program that helps maintain a person's good health. Health maintenance services include all standard preventive medical practices, such as immunizations and period . . . View Full Definition

House Maintenance Requirement: Notification by a brokerage house that a customer's margin account is below the minimum maintenance level. The client must provide more cash or equity, or the account will be liquidated.

Maintenance Call: A call for additional money or securities when a margin account falls below its exchange-mandated required level.

Minimum Maintenance: The lowest required equity level that must be held with a broker in a margin account. See: Margin call.