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Share account |
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Share accountA building society account where there is no cheque book facility. Interest is usually variable and sometimes there is a notice period for withdrawals. Share account holders are members of the society and are entitled to vote and attend annual general meetings.Similar MatchesAverage accounting returnAverage accounting returnThe average project earnings after taxes and depreciation divided by the average book value of the investment during its life. Sweep accountSweep accountAccount providing that a bank invest all the excess available funds at the close of each business day for the firm. Account Management Profile SystemAccount Management Profile SystemIn the US, this system provides access to information helpful to the NYSE staff in managing day-to-day relationships with listed companies, member firms, and institutions. 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. Nominee accountNominee accountAn account in which the named holder holds the assets in it on behalf of another (the beneficiary). In the stock market, the most common use of nominee accounts is where execution-only brokers act as nominees for their clients. The shares are registered in the name of the broker, but the client has beneficial ownership of them. The advantage of nominee accounts is that they make settlement quicker and more streamlined. In theory, dealing costs should be lower. There are some disadvantages: because the individual isn't the registered owner of the shares, he doesn't get sent company reports and accounts, and can't take advantage of shareholder perks, unless his brokers provides a special forwarding service. Further SuggestionsMixed accountCapital account homeowners equity account Frozen account IRA (individual Retirement Account) Accounting Standards Board Individual Retirement Account (IRA) current account nominal account Account executive savings account Balance on capital account Statement of Financial Accounting Standards No 52 Financial account Capital account surplus Capital account deficit Individual Savings Account accounts receivable Overdraft checking account Restricted account loan account real account individual savings account Concentration account Transaction account |
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