See Also: FICTITIOUS Pretended; supposed; as, fictitious actions; fictitious payee(law)
Fictitious credit(finance)
Fictitious credit(money)
MONEY Credit Union(finance)
MONEY ONE Credit Union(finance)
fictitious(dictionary)
fictitious(dictionary)
Fictitious Business Name(law)
fictitious feeding(medicine)
Fictitious trading(finance)

Fictitious credit (money)


Definition: [crh] A margin account's credit balance. Fictitious credit exists after the proDefinition: ceeds from a short sale are accounted for with respect to the margin requirement. The proceeds from the short sale are reflectDefinition: ed as a credit, but must stay in the account to serve as security for the loan of securities made in a short sale, and are therefore inaccessible to the client for withdrawal.