Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
Account At Maintenance
See margin maintenance. This is the yellow flashing light equivalent in your brokerage account. Danger, danger, Will Robinson. If you have a brokerage account with a 50% margin maximum and you have $30,000 in equity in there - but you have borrowed $14,500 from yourself - you only have about 500 bucks of room in there to spare. If the Fed Chairman sneezes and the market goes down a percent or two, you will suffer a margin call and be forced to sell securities likely just at the wrong time - i.e. when the market is down. Kids, don't let this happen to you.