A brokerage margin loan is a type of secured loan. Your brokerage firm uses investments in your account to secure the loan.
In a cash account, all trades must be settled in cash on the settlement date, which occurs two days after the trade date for most securities. A margin account, however, is quite different. If you ...
GOBankingRates on MSN

What Is a Margin Account?

A margin account is a brokerage account in which the broker lends the customer cash to purchase stocks or other financial ...