CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The system of buying at margin means that while buying stocks, people didn't have to pay the .

A
profit amount
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
cost amount
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
full amount
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
risk amount
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C full amount
The system of buying at margin means that while buying stocks, people didn't have to pay the full amount. Margin is a loan from the broker for the purpose of buying more stocks than you otherwise would be able to purchase using the amount of cash you have on hand.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction to Cash Flow Statement
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon