A securities broker’s demand that a customer put up money or stock as collateral when the broker finances a purchase of securities. • A margin call usu. occurs when the market prices of the securities are falling. — Also termed maintenance call. [Cases: Brokers 24(2). C.J.S. Brokers §§ 71–72.]
margin call 催缴或追加保证金通知 经纪人要求客户购买股票时缴纳保证金或抵押品的通知，或股票已以保证金购进，但其后股价下跌或可能下跌时，要求追加保证金或抵押品，以维持最低保证金额。 (→margin requirement)
revenue. Gross income or receipts. general revenue. The income stream from which a state or municipality pays its obligations unless a law calls for payment from a special fund. See general fund under FUND(1). [Cases: Municipal Corporations 886; States 126. C.J.S. Municipal Corporations § 1627; States § 228.] land revenue. Revenue derived from lands owned
market power. The ability to reduce output and raise prices above the competitive level — specifically, above marginal cost — for a sustained period, and to make a profit by doing so. • In antitrust law, a large amount of market power may constitute monopoly power. See MONOPOLIZATION. Cf. MARKET SHARE . “In economic terms,
The ability to reduce output and raise prices above the competitive level — specifically, above marginal cost — for a sustained period, and to make a profit by doing so. • In antitrust law, a large amount of market power may constitute monopoly power. See MONOPOLIZATION. Cf. MARKET SHARE.
tax rate. A mathematical figure for calculating a tax, usu. expressed as a percentage. [Cases: Internal Revenue 3545–3552; Taxation 1061–1065. C.J.S. Internal Revenue §§ 331–333, 335, 358–361, 797; Taxation § 1698.] average tax rate. A taxpayer’s tax liability divided by the amount of taxable income. — Also called effective tax rate. marginal tax rate. In