account

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Account

In the context of bookkeeping, refers to the ledger pages upon which various assets, liabilities, income, and expenses are represented.

In the context of investment banking, refers to the status of securities sold and owned or the relationship between parties to an underwriting syndicate. In the context of securities, the relationship between a client and a broker/dealer firm allowing the firm's employee to be the client's buying and selling agent. See: Account executive; account statement.

Account

An agreement between an institution and a person, or another institution, whereby the first institution agrees to hold money and/or other assets on behalf of the second. What the holder may do with those assets depends upon the nature of the account. In a checking account and a savings account, a bank holds money for the client and pays it (them or he/she) a certain percentage in interest. This payment gives the bank the right to lend the money to other clients or invest it within the confines of law and banking regulation. However, the client has the right to withdraw the total amount of money on demand. In a brokerage account, a brokerage holds money and securities for the client and makes transactions with them at the client's request. In exchange, the brokerage charges commissions for the transactions.

account

1. The client of a broker, brokerage firm, or broker-dealer. The client may be a business, an individual investor, or an institutional investor.
2. The record of a client's transactions and investment position. See also account statement.

account

  1. a LEDGER record in which is entered details of all financial transactions relating to an individual supplier (in the creditors' ledger), or customer (in the debtors' ledger), or particular asset or liability (in the assets ledger), or type of expense or receipt (in the nominal ledgers). See DOUBLE ENTRY ACCOUNTS, ACCOUNTING.
  2. a BANK or BUILDING SOCIETY'S record of its dealings with a particular customer which itemizes the customer's business with the bank such as deposits of cash and cheques and withdrawals of funds.
  3. a CUSTOMER. A ‘key account’ is an important customer.
References in periodicals archive ?
Others say it only happens when the Guest account is set to "sharing only.
I accidentally clicked on my guest account and after I logged out, my documents folder was gone," one users said on the Snow Leopard forum.
Guest access can be rigidly controlled, with guest accounts expiring at a predetermined time or purged at the end of the day and guest accounts restricted in their access.
The University of Louisville takes a more-centralized approach to creating those guest accounts.
Automation for creating new guest accounts and deleting expired guest accounts makes administration of the hotspot simple.
Having library information online lends it some stature, and guest accounts for the staff can generate good word of mouth advertising.
Additionally, as part of the BeyondTrust Privileged Access Lifecycle Management technology architecture, BeyondTrust PowerKeeper provides automated password management capabilities for privileged host and guest accounts in virtual environments.
For his part, Hareb Al Muhairi, Vice-President of UAE Sales at Etihad Airways, said that Etihad BusinessConnect programme is tailor-made for companies so to link the loyalty guest accounts of the employees of a company to the programme in a single account which means amassing their miles for their businesses, meaning they get even more free flights, upgrades and rewards.
com has features like branded download pages, guest accounts, multi-user accounts, download notifications and more to make business plans just perfect for your organizational needs