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World English Dictionary
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bulk segregation
bulk seg·re·ga·tion
noun
Definition:
separation of client-owned from broker-owned securities:
an accounting procedure in which a brokerage firm holds securities owned by its clients separately from securities owned by the firm itself
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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