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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 MatchesBalance on current accountBalance on current accountA country's receipts minus payments for current account transactions. Equals the balance of trade plus net inflows of transfer payments. Insured accountInsured accountA bank or financial account that is insured for the benefit of the depositor, protecting against loss in the event that the savings institution becomes insolvent. See: FDIC. Account payeeAccount payeeAlso 'account payee only'. Words written on the face of a cheque between two parallel diagonal lines. The purpose is to ensure that the cheque may only be paid into an account in the name of the payee, that is the person to whom the cheque is made payable. This means that the payee cannot sign it in favour of another person. Mixed accountMixed accountA brokerage account holding both long and short positioned securities. Lifelong individual savings accountLifelong individual savings accountSee 'individual savings account'. Further SuggestionsRegulatory accounting procedures (RAP)Margin account (stocks) Capital account nominee account Account statement Tax Exempt Special Savings Account Concentration account Statement of Financial Accounting Standards No 52 Tax and loan account Suspense account TT&L account I Impound Account Balance on capital account Statement of Financial Accounting Standards No 8 flexible mortgage account account sale Accounts receivable financing individual savings account Special bond account Account Ad Valorem Duty Deferred account Cumulative Translation Adjustment (CTA) account Unit of account Transcript of Account Accounting earnings |
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