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Active Account |
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Active account Refers to a brokerage account in which many transactions occur. Brokerage firms may levy a fee if an account generates an inadequate level of activity. Active Account A brokerage account on which trades occur regularly. Active account holders generally do not have a buy and hold investment strategy; rather, they seek to profit from small changes in the prices of securities and high trading volume. Some brokerages charge a fee for managing active accounts, as doing so is more work for the broker(s) involved. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| ? Mentioned in | ? References in periodicals archive | |
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This implies an emphasis on value-based
relationship selling and active account maintenance, a solid account
rating system, active efforts to improve the compatibility of borderline
accounts and separation from customer accounts that are not, and likely
never will be, sufficiently compatible. Approximately 87
percent of individuals in the sample had a record of a credit account,
and 92 percent of these had an open and active account as of the date
the sample was drawn (table 1). Thieves process
fraudulent "test" charges through an active account to see if
the owner is paying attention. |
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