1. Securities. The credits that brokers give their clients in return for the clients’ stock-trading business.
2. The portion of an equity investment that is tax-deductible in the first year. Cf. HARD DOLLARS.
1. Securities. The credits that brokers give their clients in return for the clients’ stock-trading business.
2. The portion of an equity investment that is tax-deductible in the first year. Cf. HARD DOLLARS.