Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,889,200,727 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Account Statement

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Account statement
In the context of banking, refers to a summary of all balances.

In the context of securities, a summary of all transactions and positions (long and short) between a broker/dealer and a client. See also: Option agreement.


Account Statement
1. In banking, a statement detailing all credits and debits to an account over a given period of time. It is also called a bank statement.

2. In investing, a statement detailing all long positions and short positions that an investor currently holds.

account statement
A periodic statement to an investor showing the investor's investment position at a given point in time and transactions for the investor's account during a given period of time. An account statement for an active account is generally sent at the beginning of each month, while statements for inactive accounts are sent quarterly.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Madoff, it said, "compensated Jaffe with outsized returns in Jaffe's personal accounts that he knew, or was reckless in not knowing, were manufactured by BMIS employees entering fictitious, backdated trades onto trade confirmations and account statements for his personal accounts at BMIS.
Similarly, the SEC's complaint says that on 5 August 2008, Rusciano produced to another selling agent a brokerage account statement reflecting an 'equity' balance for Ponta Negra Fund LLC of more than $64 million.
That is a tough question to answer, as many may think that the real owner could easily produce an account statement received from his or her brokerage firm to prove owner ship.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.