Typical seasons to grow new grass are in the early fall and spring when temperatures remain mild, but it is possible to establish a lawn during the heat of summer. Planting grass by seed or sod in June or July requires some extra care to ensure that the seedlings have enough moisture for healthy growth. It is critical to choose active, summer-growing grasses for your yard to have a successful lawn installation.
What is SMA and how does it work? Overview: SMA refers to the Special Memorandum Account, which represents neither equity nor cash, but rather a line of credit created when the market value of securities in a Reg. T margin account increase in value. Its purpose is to preserve the buying power that unrealized gains provide towards subsequent purchases which, absent this handling, could be assured only by withdrawing excess equity and depositing it at the time the subsequent purchase is made.
Also called buying power. the ability to purchase goods and services. 2. the value of money in terms of what it can buy at a specified time compared to what it could buy at some period established as a base: the purchasing power of the dollar. Origin of purchasing power. 1815-1825.