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Personal Account
(redirected from Personal Accounts)

   Also found in: Encyclopedia, Wikipedia 0.01 sec.
Personal Account
A bank account one uses for purposes other than business. One uses a personal account for one's daily and regular expenses, such as rent, utilities, debt service and groceries. One also uses a personal account for one's savings that have not been invested. Most personal accounts are thus divided into checking and savings accounts.


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Unfortunately this did not work so the Government is now using a more focused approach to encourage these individuals to take their Personal Accounts The answer provided by the Government is to introduce Personal Accounts.
Byline: Jon Griffin FOUR out of ten small firms are considering closing their existing pension scheme when the Government's new personal accounts are introduced in 2012, research showed today.
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.
 
 
 
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