Simply put, a negative balance - where the account holder owes money to their...
The amount that a business or individual owes a lender, seller, or factor. see also balance, credit balance.
Total amount owed to a brokerage firm based on loans, commissions and fees.
In a margin account it is money owed by the client to the broker.
A balance on the left side of an account in the general ledger. Typically expenses, losses, and assets have debit balances. To Top
An account with no positions and a negative adjusted total equity. A debit balance typically arises as a result of a trader losing more money in the marketplace than was available in his account. Per the XPRESSTRADE Customer Agreement, this is a legally-binding obligation that must be satisfied in full without delay.
Debit balances are monies owed to a broker/dealer by a customer, generally resulting from the customer's purchase of securities.
account condition where the trading losses in a customer's account exceed the amount of equity in the customer's account.
In the event the factor advances funds to the client in excess of the accounts receivable assigned to the factor, the client's account would be said to be in a "debit balance." So if, for example, the client assigns $100 of accounts receivable to the factor and then borrows $150, the client's account would be in a debit balance of $50 ($150 less $100). See also "Overadvance" below.
See credit and debit balance
In a customer's margin account, that portion of the purchase price of stock, bonds or commodities that is covered by credit extended by the broker to the margin customer. (See: Margin)
The amount of loan in a margin account.
An accounting term which refers to the balance of an account indicating the net amount arising from the total amount of debit which exceeds the total amount of credit.
The amount that is owed to a Broker by a margin customer for loans the customer uses to Buy securities.
Money owed to a broker from the purchase of stock or bonds in a customer's margin account. This money is a loan extended by the broker to the margin customer and the customer pays interest on the debit balance in the account. See: Margin; Margin Account
BALANCE remaining after one or a series of bookkeeping entries. This amount represents an ASSET or an expense of the entity. (See BALANCE.)
The balance owed by a customer in his account as reflected on the brokerage firm's ledger statement of settled transactions only.
The total amount of money owed to a brokerage firm in a person’s margin account.
The total amount owed to the brokerage firm including any loans, interest charges, commissions, etc.
