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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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Commercial janitorial service with 53 active accounts, including government offices, apartment complexes, physicians' offices, etc. Merge General Ledger Accounts Feature, allows the accountant to easily roll up one active account (with balances, budgets and history) into another active account, eliminating any chart of accounts that are no longer being used which speeds workflow and produces cleaner financial statements; 3 billion in revenues from personal current accounts, an average of pounds 152 per active account. |
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