CAPITAL BUILDER ACCOUNT(CBA)


Meaning of CAPITAL BUILDER ACCOUNT(CBA) in English

A Merrill Lynch brokerage account that allows investors to access the loan value of his or her eligible securities to buy or sell securities . Excess cash in a CBA can be invested in a money market fund or an insured money market deposit account without losing access to the money.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.