cash account

noun
an account with a securities brokerage whose transactions are settled on a cash basis
Ant: ↑margin account
Hypernyms: ↑brokerage account
Hyponyms: ↑custodial account

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noun
1. : an account in which money transactions are recorded
2. Scotland : bank credit

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1. an account in which all transactions are in money.
2. Finance. an account in which purchases are paid for in full, as distinguished from purchasing on credit or margin.

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cash account noun (bookkeeping)
An account which shows cash transactions
• • •
Main Entry:cash

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cash account,
1. an account of money received, paid, or on hand.
2. a specific amount of credit given by a bank, to a person or business on receipt of a bond for repayment on demand of the amount actually advanced.

Useful english dictionary. 2012.

Look at other dictionaries:

  • Cash account — Cash Cash (k[a^]sh), n. [F. caisse case, box, cash box, cash. See {Case} a box.] A place where money is kept, or where it is deposited and paid out; a money box. [Obs.] [1913 Webster] This bank is properly a general cash, where every man lodges… …   The Collaborative International Dictionary of English

  • Cash Account — In the ESES context, a cash account opened by a Settlement Bank with a central bank in accordance with the Cash Account Documentation, which is operated by the Euroclear CSDs on behalf of the relevant Central Bank in connection with the use of… …   Financial and business terms

  • cash account — A brokerage account that settles transactions on a cash rather than credit basis. Bloomberg Financial Dictionary * * * cash account cash account ➔ account1 * * * cash account UK US noun [C] ► BANKING, FINANCE an account that a customer has in… …   Financial and business terms

  • Cash Account — In the ESES context, a cash account opened by a Settlement Bank with a central bank in accordance with the Cash Account Documentation, which is operated by the Euroclear CSDs on behalf of the relevant Central Bank in connection with the use of… …   Euroclear glossary

  • Cash Account — A regular brokerage account in which the customer is required by Regulation T to pay for securities within two days of when a purchase is made. This is the basic, plain vanilla account where you deposit cash to buy stocks, bonds, mutual funds,… …   Investment dictionary

  • cash account — /ˈkæʃ əkaʊnt/ (say kash uhkownt) noun 1. current account. 2. Bookkeeping a record kept of cash transactions …   Australian English dictionary

  • cash account — 1. an account in which all transactions are in money. 2. Finance. an account in which purchases are paid for in full, as distinguished from purchasing on credit or margin. * * * …   Universalium

  • cash account — A record, in bookkeeping, of all cash transactions; a summary of moneys received and expended …   Black's law dictionary

  • cash account — / kæʃ əˌkaυnt/ noun an account which records the money which is received and spent …   Marketing dictionary in english

  • cash account — / kæʃ əˌkaυnt/ noun an account which records the money which is received and spent …   Dictionary of banking and finance

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