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    3. maintenance call»

    Definition of maintenance call

    Dictionary of Finance and Investment Terms: maintenance call
    maintenance call

    call for additional money or securities when a brokerage customer's margin account equity falls below the requirements of the National Association of Securities Dealers (NASD), of the exchanges, or of the brokerage firm. Unless the account is brought up to the levels complying with equity maintenance rules, some of the client's securities may be sold to remedy the deficiency.

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