inactive account

(redirected from Inactive Accounts)

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 ?
Shorter job tenures among younger workers has contributed to multiple inactive accounts for individuals as well.
Evardone added that many complainants have approached him too regarding another anomaly at the SSS which involves the supposed use by 'syndicates' of inactive accounts as dummies to take out loans.
Get rid of inactive & spam connections: Spam followers and inactive users negatively impact engagement levels, so use free tools like Crowdfire or ManageFlitter to quickly unfollow low-quality and inactive accounts.
Depending upon the nature of data they used to train their staff to dupe people After getting the insurance data, the gang used to offer bonus or attractive deals to inactive accounts Currently, the gang was selling road assistance and repair facility through a non- existent company -- Road Race They charged their customers ` 1,500 and assured 24/ 7 road assistance service but they had no tie- up with any service station
We believe that a significant number of inactive accounts may be present on operator books.
The mobile market shrank markedly in 2015 owing to the disconnection of inactive accounts and falling incomes.
Protecting your brand from inactive accounts and eroding trademark rights
ClickSWITCH effectively reduces the number of inactive accounts, increases cross-selling opportunities and improves switch process efficiency.
RELATED STORIES: Skechers denies using entrepreneur's 'Yoga-Pants-For-Feet' slogan Protecting your brand from inactive accounts and eroding trademark rights Gucci, Yves Saint Laurent owner sues Alibaba over counterfeit goods
A large number of inactive accounts are still retained by operators and the downside risk to our forecast is that periodic purges of inactive accounts could show that the market is actually much smaller than official data imply.
According to the notification, mutual fund vendors are becoming proactive in identifying inactive accounts (accounts whereby neither the client or representative have contacted the vendor for a period of time) or accounts with returned mail.
96 million inactive accounts by end of quarter, despite the fact that only less than 1% of 2.