See Also: purfle(1)(dictionary)
purfle(2)(dictionary)
INITIAL(law)
Initial(medicine)
initial(1)(dictionary)
initial(2)(dictionary)
initial(dictionary)
law of initial value(medicine)
Initial margin(finance)
Rentokil Initial(finance)

Initial margin (finance) and purfle(1) (iou)


Initial margin (finance)


The payment which investors have to pay to a broker to trade on margin, commonly used in trading futures and contracts for difference. Initial margin is usually set at a percentage of the value of the contracts being traded.





purfle(1) (iou)



purfle noun. LME.
[Old French porfil, from porfiler: see PURFLE verb.]
An embroidered border or fur trimming of a garment. arch. LME.
b. An inlaid ornamental border on the back or belly of a violin etc. E18.
A drawing of something in outline; a profile. Only in 17.