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Transaction account |
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Transaction accountA checking or similar account from which transfers can be made to third parties. Demand-deposit accounts, negotiable order of withdrawal NOW accounts, automatic transfer service (ATS) accounts, and credit union share draft accounts are examples of transaction accounts at banks and other depository institutions.Transaction account Similar MatchesCash transactionCash transactionA transaction in which exchange is immediate in the form of cash, unlike a forward contract (which calls for future delivery of an asset at an agreed-upon price). Shared equity transactionShared equity transactionA transaction in which two buyers purchase a property, one as a resident co-owner and the other as an investor co-owner. Riskless transactionRiskless transactionA transaction that is guaranteed a profit, such as the arbitrage of a temporary differential between commodity prices in two different markets. The evaluation of whether dealer markups and markdowns in OTC transactions are reasonable. According to NASD, markups or markdowns should not exceed 5%. Transaction Insured Trade Acceptance Locator (TITAL)Transaction Insured Trade Acceptance Locator (TITAL)A trade acceptance through an insurance entity (rather than a bank) which is conditional upon exporter performance. Highly leveraged transaction (HLT)Highly leveraged transaction (HLT)Bank loan to a highly leveraged firm. Further SuggestionsTransaction costCOD transaction Transaction loan Spot transaction Transaction exposure Taxable transaction Intercompany transaction Transactions costs Transaction fee Transaction tax Trust fund transaction Net transaction Net sales transaction Round trip transactions costs Interfund transactions Intermediate transaction Structured arbitrage transaction Transaction value Intrabudgetary transactions Federal intrafund transactions Closing transaction Forward exchange transaction Accomodating transaction Transactions motive Transaction Risk |
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