maintenance call investment & finance definition
call to the owner of a brokerage account to inform the owner that more funds
have to be deposited into the account because the account has fallen below the
minimum equity requirements of the exchange or regulatory authorities. If
additional cash isn’t deposited within a specified time, some of the securities
will be sold in order to bring the account up to required levels.
See maintenance call in Wall Street Words
A call to an investor for additional funds when the market value of securities in the investor's margin account has fallen to the point that the investor's equity (that is, the value of the securities minus the amount owed) does not meet an established minimum. If the investor does not supply the required money or securities, the firm will sell a certain number of securities sufficient to bring the account into conformity. A maintenance call is a type of margin call.
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