LLC Definition

Bookmark and Share

LLC is Limited Liability Corporation.

Learn new Accounting Terms

FINANCING MARGIN RATIO (FMR) is the margin to be maintained between the debit balance and the actual security value as stipulated in the Facility Letter or any other margin as stipulated by a lending bank from time to time as the FMR.

CAPITAL FUNDS is the total of capital debentures, if any, capital stock, if any, surplus, undivided profits, unallocated reserves, guaranty fund, and guaranty fund surplus.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.