House Excess
A term used by brokerage houses to describe the amount you are in excess of the minimum margin requirements, based upon the last days closing prices of your portfolio. Investopedia Says:
In other words, this is the amount you have left over to purchase more stock or use as a safety cushion should your portfolio decline in value. Related Terms:
Call Loan Rate
Equity
Maintenance Margin
Margin
Minimum Margin
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