Super Finance Glossary
Over 10,000 financial glossary terms...
General Loan And Collateral Agreement
General Loan And Collateral Agreement
Definition: The agreement governing the broker-dealer's borrowing against listed securities from a bank for the purpose of carrying on business and making transactions. See: Broker loan rate.
Definition: The agreement governing the broker-dealer's borrowing against listed securities from a bank for the purpose of carrying on business and making transactions. See: Broker loan rate.