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ACCOUNT

Financial DictionaryCampbell R. Harvey's Hypertextual Finance Glossary
In the context of bookkeeping, refers to the ledger pages upon which various assets liabilities , income, and expenses are represented.
In the context of investment banking , refers to the status of securities sold and owned or the relationship between parties to an underwriting syndicate . In the context of securities , the relationship between a client and a broker /dealer firm allowing the firm's employee to be the client's buying and selling agent . See: Account executive account statement .
Copyright © 2000, Campbell R. Harvey
Financial DictionaryBASSAM Finance Dictionary
The contractual record between a buyer and the seller of a product or service, who have agreed on payment at a later date.
A collection of investments, either taxable or tax-deferred. Account can be real (contains investments actually owned) or model (hypothetical). Account type can be brokerage, mutual fund, or other (a mutual fund can be an account if the fund is purchased directly from fund company or it can be an investment within an account, if purchased through a broker). Legally, accounts are set up as taxable or tax deferred. The legal owner of an account can be an individual, joint , corporate, custodian, estate, or trust. See Real Taxable Accounts, Joint Accounts, and Real Tax-Deferred Accounts
See DRAWING ACCOUNT , ACCOUNT EXECUTIVE , ACCOUNT PAYABLE , ACCOUNT RECEIVABLE , ACCOUNTS RECEIVABLE FINANCING , ACCOUNTS RECEIVABLE TURNOVER
See also: GAIT , EAGL , CACH , DAF , ZENA

 

Financial Dictionary INDEX:

List of Terms: Terms beginning with "A", Page 1

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