What is margin money?

[mamabear777]

I am seeing government loan schemes for starting business, which have "margin money" term often. I saw answer in quora (related to education loan): https://www.quora.com/What-is-margin-money, it seems to be the money which borrower needs to, himself, invest for his requirement.

Assume Mr. X is going to a US university where overall expenses for two years is INR 45 lakhs. Mr. X approached ... for his education loan requirement and got a loan sanctioned of INR 30 lakhs. This means that Mr. X will take care of INR 15 lakhs himself for his higher education and this 15 lakhs or 33.33 % { (1-30/45)*100 } is the margin money in Mr. X’s case.

In certain business loan schemes, margin money is related to subsidy.

"A certified copy of the caste/community certificate or relevant document issued by the competent authority in the case of other special categories, is required to be produced by the beneficiary to the concerned branch of the Banks along with the Margin Money (subsidy) Claim." from: http://www.kvic.org.in/PDF/PMEGPscheme.pdf

Most of the google results on margin money, seems to have more technical terms, that it is making me not know it.