account statement

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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.
References in periodicals archive ?
Undergoing Renewal," by Kathleen Khirallah, Research Director of the Retail Banking Practice at TowerGroup, argues that too many banks are missing key opportunities to proactively manage dialogue with customers -- and that paper based account statements have the potential to provide a high degree of personalization in customer communications.
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.
Many shareholder account statements include performance results for funds assuming a one-time investment at the beginning of several time-periods.
By following the step-by-step instructions, customers can obtain a checking account statement listing the last five checks paid, the last five deposits made, or the last five ATM withdrawals made.
StreamServe Enterprise Document Presentment[TM], which enables firms to annually create and deliver over a billion personalized and interactive customer documents, will now ship the following two pre-built composite applications: StreamServe Account Statement Processing for SAP Deposits Management from the SAP for Banking portfolio and StreamServe Customer Bill and Statement Processing for the SAP for Utilities solution portfolio.
StreamServe Account Statement stimulates revenue by generating personalized up-sell and cross-sell offerings that are in line with a customer's current profile, and eliminates the confusion caused by poorly designed account statements that fail to meet consumer needs.
Using SAP-certified technology, Esker DeliveryWare allows end users to send and receive documents directly from and into SAP systems, including the most commonly used business documents such as purchase orders, sales invoices, and account statements.
Financial services firms have an enormous opportunity to transform their account statements into tangible, revenue-generating customer interactions," said Sue Feldman, VP Content Technologies at IDC.
Check your credit card and bank account statements regularly and look for unauthorized transactions, even small ones.
Online Document Storage: All documents, trade confirmations, tax reports and account statements are stored online, giving clients 24/7 access.