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Account balanceCredits minus debits at the end of a reporting period.Account balance Similar MatchesOption accountOption accountA brokerage account that is approved to hold option positions or trades. Sweeper accountSweeper accountA bank account which offsets the cash held in a depositor's account against credit card, loan and mortgage debts to reduce the debit interest payable on them. Often it will automatically transfer surplus funds held in a depositor's current account to his or her deposit account where the money will earn higher rates of interest. Statement of Financial Accounting Standards No 52Statement of Financial Accounting Standards No 52The currency translation standard currently used by US firms. It mandates the use of the current rate method. See: Statement of Financial Accounting Standards No. 8. Capital Builder Account (CBA)Capital Builder Account (CBA)A Merrill Lynch brokerage account that allows investors to access the loan value of his or her eligible securities to buy or sell securities. Excess cash in a CBA can be invested in a money market fund or an insured money market deposit account without losing access to the money. Individual Retirement Account (IRA)Individual Retirement Account (IRA)A retirement account that may be established by an employed person. IRA contributions are tax deductible according to certain guidelines, and the gains in the account are tax-deferred. Further Suggestionsnominal accountCapital account balance current account Sweep account statement of account Accounting liquidity Accounting Standards Board Tax and loan account Restricted account Current account cheque account Accounting earnings Managed account Negotiable Order of Withdrawal Account (NOW) Special arbitrage account House account joint account homeowners equity account Generally Accepted Accounting Principles (GAAP) Financial Accounting Standards Board (FASB) Accrual Accounting Convention accounts payable Account executive Purchase accounting revenue account |
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