TeachMeFinance.com - explain Cover
Cover -- A term used on the London Stock Exchange, which
means the security deposited by a borrower with the lender
or by a speculator with a broker to protect the lender or
broker against loss. Besides the cover speculators often have
to deposit money to protect the lender or broker in case the
value of the security deposited as cover falls rapidly. This
money is called margin.
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