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Simple English definitions for legal terms

remargining

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A quick definition of remargining:

Term: REMARGINING

Definition: Remargining is when you have a special account with a broker to buy stocks with borrowed money. If the value of the stocks you bought goes down, you might not have enough money left in the account to pay back the loan. When this happens, you need to put more money or other valuable things into the account to make sure you can pay back the loan. This is called remargining.

A more thorough explanation:

Definition: Remargining is a term used in the securities industry to describe the process of depositing additional cash or collateral with a broker when the equity in a margin account falls to an insufficient level.

For example, let's say an investor has a margin account with a broker and has purchased $10,000 worth of stock. The investor has put up $5,000 of their own money and borrowed the remaining $5,000 from the broker. If the value of the stock falls and the equity in the account drops below a certain level, the broker may require the investor to deposit additional funds or securities to bring the account back up to the required level. This process is known as remargining.

Another example could be an investor who has a margin account with a broker and has purchased $20,000 worth of stock. The investor has put up $10,000 of their own money and borrowed the remaining $10,000 from the broker. If the value of the stock falls and the equity in the account drops below a certain level, the broker may require the investor to deposit additional funds or securities to bring the account back up to the required level. This process is also known as remargining.

These examples illustrate how remargining works in the securities industry. It is important for investors to understand the risks involved in trading on margin and to be prepared to deposit additional funds or securities if necessary to avoid a margin call.

remanet | remarry

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WorthlessAttractiveZombie
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Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
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WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
Mich overrated (Dean Z please let me in even tho i didnt apply and I am below both 25ths)
ClassyPleasantHeron
10:01
The "date changes" at Michigan really don't mean anything. We had to do them in undergrad admissions whenever a Georgia applicant picked the country instead of the state, because we'd have to remove the TOEFL requirement and reassign the application from the international application readers.
soapy
10:06
Classy, does that mean they may look at your application, and that look doesn't necessarily trigger any date change?
1a2b3c4d26z
10:06
Man
1a2b3c4d26z
10:07
Walkin to the bus
1a2b3c4d26z
10:07
What a good day to get into law school
ClassyPleasantHeron
10:11
@soapy: I don't know for sure about the law school. For undergrad, once the application is complete, it's assigned to a reader the following Monday. If we had to make any changes, it's because a reader saw something that needed to be changed and the application needed to be re-read after that change.
soapy
10:12
Ahh, got it. Thank you for the insight!
ClassyPleasantHeron
10:14
You're welcome. FWIW, I have no idea what's up with the address changes. We didn't have to do any of that, except for the Georgia state vs country kinds of things.
soapy
10:15
I've heard it theorized that some schools will change the address from "St." --> "Street" as they prepare to send out admissions packets. That's the rumor, anyways.
i think it just indicates a change in status like under review or stages of review
my stanford address went long as soon as it was marked complete lmao
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