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 ?
The AcctDisabled and AcctLockedOut fields respectively indicate ("yes" or "no") whether each user account is currently disabled or locked out.
It is possible, given the similar interest in music that users on 8tracks and PledgeMusic have, that an attacker could have use the information stolen in the 8tracks breach to seek out user accounts on PledgeMusic.
Yahoo confirmed a data breach Thursday that has compromised more than 500 million user accounts. The internet company said a wide array of user information was taken from its network in 2014 by a "state-sponsored actor," but it does not include unprotected passwords, payment card data or bank account information.
The new security implementation can allow creation of multiple user accounts to enable friends to log in on the device under a controlled environment.
When he tried changing a single character in the URL, the Web page showed him the access to the different user account (or the email address) was declined.
Tiktok says it has removed the video in question and suspended three user accounts.
As part of an open procedure, the administration of the german bundestag issues operating support for the further development and maintenance of an administration environment for the administration of user accounts in the directory service and resources on the central data repository as well as for individual it processes using powershell, java, javascript, perl, php and gosa 2 .
Summary: California [USA], Mar 5 (ANI): Google has shut down Google Photos sharing on Android TV devices after a security loophole was discovered that exposed hundreds of user accounts to other users.
You may have created some user accounts in the past for family members and friends to use.
The 30-year old founder had sole responsibility for handling crypto accounts, and his sudden death in December has seen the company locked out of user accounts.
For exposing personal information of 755,973 Philippine-based FaceBook user accounts, the National Privacy Commission ordered FaceBook to submit proof that it has implemented steps to stop data breaches and to provide a more comprehensive notification report saying the breach confirmed the high vulnerability of the Philippines to cyber attacks compared to other countries.
has agreed to pay a $35M penalty to settle charges that it misled investors by failing to disclose one of the world's largest data breaches in which hackers stole personal data relating to hundreds of millions of user accounts. According to the SEC's order, within days of the December 2014 intrusion, Yahoo's information security team learned that Russian hackers had stolen what the security team referred to internally as the company's "crown jewels": usernames, email addresses, phone numbers, birthdates, encrypted passwords, and security questions and answers for hundreds of millions of user accounts.