The DOTM file extension is a Microsoft Word File template developed by Microsoft Corporation in its version of 2007 and 2010 document template files. The Microsoft Word program allows users to share and create various documents with the help of an extensive set of tools and aided by Microsoftâs easy to use interface.
Definition. An interest rate applied to a loan or margin extended by a broker. When an investor wishes to make a purchase that is in excess of the cash in hand, a brokerage firm will automatically provide access to additional capital. An interest rate will be applied to this extension of a loan, which compensates the brokerage firm for access to the capital.
Brokerage accounts also differ from savings accounts in the following ways: 1  Savings accounts donât offer you access to investments; instead, youâll earn an interest rate on cash you have deposited. 2  The money in a savings account is FDIC insured up to $250,000 per depositor, per insured bank. FDIC coverage does not insure investments, including stocks, bonds and mutual funds. Brokerage accounts carry a different kind of coverage, called SIPC. This coverage protects customers if a SIPC-member broker fails, but it does not protect against investment losses.