|
|
Sweep account |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Sweep accountAccount providing that a bank invest all the excess available funds at the close of each business day for the firm.Sweep account Similar MatchesStatement 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. Special arbitrage accountSpecial arbitrage accountA margin account with lower cash requirements, reserved for transactions that are hedged by an offsetting position in futures or options. Tax and loan accountTax and loan accountAn account at a private bank, held in the name of the district Federal Reserve Bank, which holds operating cash for the business of the US Treasury. Margin accountMargin accountAn account with a broker where a client is able to purchase securities on credit after margin has been deposited. Managed accountManaged accountAn investment portfolio one or more clients entrusted to a manager who decides how to invest it. Further SuggestionsMerchant accountAccounts payable Accounting insolvency books of account Omnibus account Capital account surplus Accrual Accounting Convention Account executive cheque account Joint account statement of account Transcript of Account Capital account deficit Insured account individual savings account Statement of Financial Accounting Standards No 8 postal account Capital account balance Accounts receivable financing Option account Current account deficit accounts receivable Automated Customer Account Transfer (ACAT) nominee account Capital Builder Account (CBA) |
|
|
|