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account statement

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 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
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.


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Once the POA is posted on the CAF, it is advisable to obtain a printout of the appropriate account statement, to avoid going through the time-consuming process of getting the same information through the Practitioner Hotline.
You will receive a copy of Your individual Retiree Account Statement reflecting the allotment shortly after it is initiated.
We were able to link directly from Money 2003 Deluxe to our online accounts, but when we attempted to download an account statement, we ran into problems that prevented us from doing so.
 
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