Home > Term: funds due
funds due
Notification to clients about funds that are due to Merrill Lynch from trade commitments, Visa charges, checks, account fees, or any other obligations. Please note that a deposit is not required for any obligation(s) that may be offset by available money market account shares. Any available money market account shares will be redeemed to meet an open obligation.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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- MJ63
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