house account

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House account

A type of account at a brokerage firm that is given a high level of priority and is handled by the main office or an executive, rather than a traditional salesperson.

House Account

1. An investment account a brokerage firm uses for its own investments, rather than those on behalf of a client.

2. An investment account in a brokerage that is large or otherwise important enough to be managed from the brokerage's main office, often with a major executive as the broker.

house account

A brokerage account managed by a firm's main office or by an executive of the firm.
References in classic literature ?
Fairfax some occupation: the weekly house accounts to make up, or something of that sort, I think it was.
VERY BUSY UPSCALE FULL SERVICE SPA / 7 CUTTING STATIONS - RENTS 3 STATIONS OUT @ $35 PER DAY / THEY HAVE THEIR OWN CLIENTELE / SPLIT 50/50 ON ALL HOUSE ACCOUNTS / SALES ARE HALF HOUSE ACCOUNTS / FANTASTIC LOCATION / LOT'S OF WALK-INS / TON'S OF MEDIA EXPOSURE - GROUPON - LIVING SOCIAL - GOOGLE - FACEBOOK - YELP - INSTAGRAM PAGE / ALL WITH EXC REVIEWS / ALL THE FURNITURE & EQUIP IN THE STORE IS NEW / SELLER PLANS TO RELOCATE OUT OF THE COUNTRY / THE SEASON IS HERE
On 17 October 2012, Macquarie's futures division enquired with Macquarie's finance division about a $23 million movement from non-segregated House Accounts to segregated Client Accounts in the futures balance sheet.
He explores how they studied bin Laden, details earlier SEAL missions, and tells the real story pinpointing major differences between White House accounts and reality.
THE Prince of Wales's funding from the taxpayer rose by almost a quarter last year, Clarence House accounts showed today.
Our house accounts are down a good 20 percent this year," he said.
Toy Shop Productions had a turnover of just pounds 66,000, say Companies House accounts.
Although such subjects as house accounts, cancellations and commission payments are central to all manufacturer's agent agreements, those who shared their views in the MANA report were just as concerned with terms that defined productive working arrangements.
The technology tools also manage reservations and waiting lists, track house accounts, facilitate the issuing of gift cards, and of course, process credit and debit card payments.
RLC develops innovative sales and leadership learning solutions sold primarily through the APG network and to house accounts such as UPS.
With its POS-integrated applications, Gazelle manages both in- and out-of-unit customer touch-points such as guest loyalty programs, electronic gift certificates or cards, corporate or house accounts, delivery and take-out, and in the future, advance reservations.
Orders generated through FTD and Bloomnet as well as walk in and a few house accounts.