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inactive account

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inactive account
A brokerage account in which few transactions take place. Some brokerage firms levy a fee on accounts in which securities are deposited but no activity occurs during a specified time.


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] 5/29/2003 12:00:00 PM 5-2003 Test (18) Total cost unchanged in successive bills, possible inactive account Test (20) Usage equals preceding bill, possible estimate Account Number Approve Invoice Date Fiscal Period 2136 Bill 1: [?
A fee charged to investors whose trading activity meets their brokerages' criteria for an inactive account.
A fee charged to investors whose trading activity meets their brokerages' criteria for an inactive account.
 
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