free box

Free box

A bank vault or other suitable storage place for the securities of a firm's customer.

Free Box

An area in a brokerage where security certificates are stored, especially when the securities are completely owned by clients and are not being used as collateral on a margin account. See also: Safety Deposit Box.

free box

The site in brokerage firms where securities that are fully owned by customers are located. Securities in the free box are free of encumbrances. Compare open box.

单词	free box
释义	free box Free box A bank vault or other suitable storage place for the securities of a firm's customer. Free Box An area in a brokerage where security certificates are stored, especially when the securities are completely owned by clients and are not being used as collateral on a margin account. See also: Safety Deposit Box. free box The site in brokerage firms where securities that are fully owned by customers are located. Securities in the free box are free of encumbrances. Compare open box.
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