Original Margin

Term applied to the initial depositSee Initial Margin. of marginThe number of percentage points the lender adds to the index rate to calculate the interest rate of money each clearing memberA member of a clearing organization. All trades of a non-clearing member must be processed and eventually firm is required to make according to clearing organizationAn entity through which futures and other derivative transactions are cleared and settled. It is also rulesThe principles for governing an exchange. In some exchanges, rules are adopted by a vote of the membership, based upon positions carried, determined separately for customerUser of health care services, such as patients getting care or providers getting support services from and proprietary positions; similar in concept to the initial marginCustomers' funds put up as security for a guarantee of contract fulfillment at the time a futures market or security depositSee Margin. required of customers by exchangeWhen ownership of like-kind properties are transferred between two or more owners; can result in postponement rules. See Initial Margin.