| 单词 | margin |
| 释义 | margin = haircut 1) The difference between the sales revenue and the cost of goods or services expressed as a percentage of revenue. See: 2) The difference between the prices at which a market maker or commodity dealer will buy and sell. This is also referred to as the bid-offer spread. 3) The difference between the rate of interest on funds lent and funds borrowed by a bank. 4) In commodity and currency dealing, the amount advanced by a speculator or investor to a broker or dealer, when buying futures or other derivatives. 5) Money or securities deposited with a stockbroker to cover any possible losses a client may make. See: |
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