释义 |
cash account ThesaurusNoun | 1. | cash account - an account with a securities brokerage whose transactions are settled on a cash basisbrokerage account - a fund that a customer has entrusted to a securities brokerage; "you can't get a brokerage account unless you have $20,000"custodial account - a brokerage firm account that parents have created for a minormargin account - an account with a securities brokerage in which the broker extends credit | Translationscash account
Cash accountA brokerage account that settles transactions on a cash-rather than credit-basis.Special Cash AccountA brokerage account in which the customer must pay the full amount for securities purchased by an agreed upon date, often within two days of the purchase. Customers are not allowed to borrow in order to pay off the account. Special cash accounts in the United States are governed by Regulation T and are the most basic kind of investment account. Examples of special cash accounts include Individual Retirement Accounts (IRAs) and trusts for minor children.cash account A brokerage account requiring that cash payments on purchases and deliveries on sales be made promptly. (Settlement is officially five business days after the transaction date.) The cash account is the most popular type of brokerage account even though it does not permit investor borrowing (that is, buying on margin). Also called special cash account. Compare margin account.cash account or cash book a LEDGER account which records all of a company's cash incomings and outgoings. See ACCOUNTING.cash account Related to cash account: margin account, Cash BookAntonyms for cash accountnoun an account with a securities brokerage whose transactions are settled on a cash basisRelated Words- brokerage account
- custodial account
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