inactive account

Inactive Account

A brokerage account on which the client makes few or no transactions for a lengthy period of time. As brokers make their profits from fees on transactions, some brokerages levy a special fee on inactive accounts to encourage trading.

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.
References in periodicals archive ?
Earlier this year it launched Inactive Account Manager (IAM), which allows aii (Hint holders to instruct Google what they want (lone with their Google accounts.
Google's been thinking this problem through and invented a new feature on all Google Accounts called Inactive Account Manager.
Google's Inactive Account Manager, popularly referred to as "Google Death", will allow users to choose whether to delete their data entirely or to make it available to a trusted friend or family member in case of their death
The Inactive Account Manager will allow users to either delete information or pass it on to friends or family after three, six, nine or 12 months of inactivity.
Swipe fees, inactive account fees, high ATM-use fees - these are the real-life financial literacy lessons that the Connecticut- based Higher One Holdings Inc.
Some additional income streams we have added over the last several years include shared branch networking, CUSO investments, convenience fees for pay-by-phone transactions, merchant services, foreign ATM fees at our own ATMs, and inactive account fees.
Incremental costs are the variable costs that are added when booking a new account, or removed when closing an inactive account.
The firm also reserves the right to close any inactive account with a pounds 0 balance for six consecutive months.
For information about closing down Gmail, do a search on the words "Google Inactive Account Manager.
The search giant announced the launch of Inactive Account Manager.
An inactive account is one that has not been logged into for a consecutive 13-month period.
Google spokeswoman Nadja Blagojevich said the service -- innocuously named the Inactive Account Manager -- was developed after users told the company they needed a way to deal with the issue of accessing data after death.