undermargin

The lower rim or margin of something.

Noun

  1. The lower rim or margin of something.
    • In a valve of the type herein described, the combination of a valve casing provided with a partition dividing its interior into an inlet chamber, an outlet chamber and a piston chamber, the piston chamber having a lower...
    • To overcome this difficulty, the undermargins of the poultice may be treated with Some oleaginous material such as petrolatum or one of the vegetable oils. - 1949, Rufus Ashley Lyman, Pharmaceutical Compounding and...
    • The angle formed by the anterior and undermargins is termed the heel (A-5) by Hsu, the angulo anterior-inferior by Malogolowkin. - 1962, Studies in Genetics, page 159:
  2. The lower margin of a page or of an inset image on a page, where it is possible to add a caption.
    • On the undermargin stands the inscription: "Abolish the Tsing, exterminate the Manchoos.” - 1866, Gustaaf Schlegel, Thian Ti Hwui: The Hung-league, Or Heaven-earth-league, page 40:
    • Same plate, 3ᵈ state, fainter impression, the year 1658 in the undermargin eflaced, with the names of painter and engraver. - 1874, Frederik Muller, Catalogue of Books, Maps, Plates on America, and of a Remarkable Early...
    • The undermargin of the titlepage repaired, without loss of text. - 2013, Martinus Nijhoff, Catalogue of Books and Periodicals on International Law and Diplomatic History, →ISBN:
  3. A shortfall; the amount by which the value of an investment purchased on margin falls below the required maintenance amount.
    • In the instant case, it should be noted that the petitioner did not know the exact abount of its undermargin, and that even after its request for a statement of account, it was only some three months thereafter that...
    • An undermargin or shortfall in security can occur at any time during a company's business cycle. - 1990, CA Magazine - Volume 123, page 36:
    • A $2,000 decrease in a long account would only have resulted in an undermargin amount of $1,000. - 1995, Michael T. Reddy, Securities operations:

Origin

From under- + margin.

Forms

undermargins

Verb

  1. To fall below margin; to create an undermargin.
    • In view of the second aspect of its control function, the Federal Reserve Board prohibits, with specified limited exceptions, the wisthdrawal of securities from general accounts where such withdrawals would undermargin...
    • Marchisi's account had a negative equity of $492 and was undermargined by $4,534. - 2006, David J. Sharp, Cases in Business Ethics, →ISBN, page 32:
  2. To buy less on margin than one can afford.
    • Finally, exchanges need to be wary of adverse selection — positions that are undermargined would be heavily used while those that are overmargined would be less popular. - 2010, Robert W. Kolb, Lessons from the...

Forms

undermargins undermargining undermargined