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Tax and loan account |
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Tax 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.Tax and loan account Similar MatchesRestricted accountRestricted accountA margin account without enough equity to meet the initial margin requirement that is restricted from any purchases until the requirement is fulfilled. Active accountActive accountRefers to a brokerage account in which many transactions occur. Brokerage firms may levy a fee if an account generates an inadequate level of activity. Flexible mortgage accountFlexible mortgage accountA combined mortgage and current account. Any savings each month earn the mortgage rate, which is a relatively high and tax-free rate of return. Joint accountJoint accountTypically a bank or brokerage account in the names of two (or more) people. Arrangements can be made such that either individual or all signatures are required when drawing checks/cheques. Current account deficitCurrent account deficitDebits minus credits on current account. See deficit. Further SuggestionsAccount balanceNegotiable Order of Withdrawal Account (NOW) Average accounting return Merchant account Capital account balance Regulatory accounting procedures (RAP) Concentration account I Impound Account IRA (individual Retirement Account) Frozen account House account Automated Customer Account Transfer (ACAT) Account Party Statement of Financial Accounting Standards No 8 Balance on capital account Account executive Special bond account Accounts receivable Tax Exempt Special Savings Account Margin account (stocks) managed account personal accounts Option account nominal account Statement of Financial Accounting Standards No 52 |
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