Partially-Funded Account Law and Legal Definition

According to 17 CFR 4.10 [Title 17 Commodity and Securities Exchanges; Chapter I Commodity Futures Trading Commission; Part 4 Commodity Pool Operators and Commodity Trading Advisors], partially-funded account means a client participation in the program of a commodity trading advisor in which the amount of funds in the client's commodity interest account over which such commodity trading advisor has trading authority is less than the account size that establishes the client's level of trading in a commodity trading advisor's program.