Question

The term "on margin" means


paying the balance in full for an asset with no down payment.
paying a high-interest rate on a bank or broker loan for an asset.
paying the down payment on an asset and borrowing the balance.
paying a loan back for an asset only after profiting from a trade.

Answer 1

The term "on margin" means paying a high-interest rate on a bank or broker loan for an asset.

What is a loan?

A loan can be defined as a sum of amount an individual collects from a financial institution or an individual with the aim of paying back with interest.

Hence, without adding interest an amount borrowed is not considered a loan.

Learn more about loan here:https://brainly.com/question/26011426

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Answer 2

The answer is : C. paying the down payment on an asset and borrowing the balance.