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 'Buying Power' Buying power, also referred to as excess equity, is the money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as excess equity. The money an investor has available to buy securities.
BREAKING DOWN 'Special Memorandum Account-SMA'. The purpose of an SMA is to lock in any gains realized in a client's margin account. Consider the situation where stock within a client's margin account realizes a capital gain and creates excess margin.If this excess amount is held in the account and the stock position produces a capital loss at a later date, the client would lose his or her gain entirely.An SMA can also hold interest and dividend payments from long positions and proceeds from closing out a securities position.f this excess amount is held in the account and the stock position produces a capital loss at a later date, the client would lose his or her gain entirely. An SMA can also hold interest and dividend payments from long positions and proceeds from closing out a securities position.