Eartha
Member
- Joined
- Oct 8, 2009
- Member Type
- Student or Learner
- Native Language
- Chinese
- Home Country
- China
- Current Location
- China
Dear all,
How should I understand "buy on margin" underlined in the sentence below?
Does it mean you buy with the money borrowed?
Thanks in advance.
Let’s say you want to buy 1,000 shares of Acme Widget Corp., which is trading at $10 a share. You need $10,000, but you have only $5,000. No problem: You buy on margin.
How should I understand "buy on margin" underlined in the sentence below?
Does it mean you buy with the money borrowed?
Thanks in advance.
Let’s say you want to buy 1,000 shares of Acme Widget Corp., which is trading at $10 a share. You need $10,000, but you have only $5,000. No problem: You buy on margin.