The correct term for buying stock for 10% down and paying the rest when the stock is sold is Buying on Margin. This practice was common leading up to the stock market crash of 1929, where investors would purchase stocks by borrowing money and putting down a small percentage of the stock's price.
Buying stock for 10% down and paying the rest when the stock sold.
*
1 point
Bank Runs
Black Tuesday
Buying on Margin
Overproduction
Overspeculation
1 answer
1 answer