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QUESTION IMAGE

the term on margin means paying the balance in full for an asset with n…

Question

the term on margin means
paying the balance in full for an asset with no down payment
paying a high - interest rate on a bank or broker loan for an asset
paying the down payment on an asset and borrowing the balance
paying a loan back for an asset only after profiting from a trade

Explanation:

Brief Explanations

"On margin" is a finance concept where an investor provides a portion (down payment) of the asset's cost and borrows the remaining amount from a broker or lender to purchase the asset.

Answer:

paying the down payment on an asset and borrowing the balance