What is the meaning of Freeriding?

Practice in which a brokerage client buys a security in a cash account and sells the same security without putting up money for the purchase, an activity that encourages speculation and violates the credit extension provisions of the Federal Reserve Board. The penalty for' Freeriding' requires that the customer's account be frozen for 90 days.

5
 
|15 years ago|377 views|share |citing 
APABarry Goldsmith. (2010). freeriding. Retrieved September 20, 2026, from http://smartdefine.org/freeriding/definitions/1154567
ChicagoBarry Goldsmith. 2010. "freeriding" http://smartdefine.org/freeriding/definitions/1154567 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, freeriding, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/freeriding/definitions/1154567>.
MLABarry Goldsmith. "freeriding" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/freeriding/definitions/1154567>