Agreement between a broker dealer and lending facility that governs the borrowing of funds for the purchase of securities. This type of agreement is open-ended and brokers are permitted to continuously borrow funds for day to day business transactions such as financing new issue underwriting, carrying inventory, or carrying customer margin accounts.
Related information about general loan and collateral agreement:
- What is general loan and collateral agreement? - InvestorWords.com
Definition of general loan and collateral agreement: Agreement between a broker dealer and lending facility that governs the borrowing of funds for the purchase ...
- General loan and collateral agreement Definition - NASDAQ.com
General loan and collateral agreement: read the definition of General loan and collateral agreement and 8000+ other financial and investing terms in the ...
- General Loan and Collateral Agreement financial definition of ...
The agreement governing the broker-dealer's borrowing against listed securities from a bank for the purpose of carrying on business and making transactions.
- General Loan and Collateral Agreement - Agreement Templates
A general loan and collateral agreement is a kind of an agreement which is formed between a broker dealer and an entity that facilitates the borrowing of funds.
- general loan and collateral agreement Definition | Business ...
general loan and collateral agreement. continuous agreement under which a securities broker-dealer borrows from a bank against listed securities to buy or ...
- General Loan and Collateral Agreement: Definition from Answers.com
continuous agreement under which a securities broker-dealer borrows from a bank against listed securities to buy or carry inventory, finance the underwriting.
- general loan and collateral agreement - Business Definition
general loan and collateral agreement definition: See broker's loan....
- Define Collateral Agreement | eHow.com
When the agreement is made between a broker dealing in securities and a lending facility, it is known as a general loan and collateral agreement. This creates ...