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Quotes of the day:
Everyone can get the gold of the Sun. (Tout le monde cueille l\'or du soleil)
Margin debt is debt a brokerage customer takes on by trading on margin. When purchasing securities through a broker, investors have the option of using a cash account and covering the entire cost of the investment themselves, or using a margin account—meaning they borrow part of the initial capital from their broker. The portion the investors borrow is known as margin debt, while the portion they fund themselves is the margin, or equity.
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