Transaction account


 

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Transaction account

A 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 Matches

Taxable transaction

Taxable transaction

Any transaction that is not tax-free to the parties involved, such as a taxable acquisition.


Transaction loan

Transaction loan

A loan extended by a bank for a specific purpose. Lines of credit and revolving credit agreements involve by contrast loans that can be used for various purposes.


Transaction tax

Transaction tax

Applies mainly to international equities. Levies on a deal that foreign governments sometimes charge.


Highly leveraged transaction (HLT)

Highly leveraged transaction (HLT)

Bank loan to a highly leveraged firm.


Intrabudgetary transactions

Intrabudgetary transactions

Effected when payment and receipt both occur within the budget, or when payment is made from off-budget federal entities whose budget authority and outlays are excluded from the budget totals.


Further Suggestions

Structured arbitrage transaction
Closing transaction
Spot transaction
Transaction Risk
Shared equity transaction
Interfund transactions
Accomodating transaction
Net transaction exposure
Cash transaction
Federal intrafund transactions
Transactions costs
Transaction Insured Trade Acceptance Locator (TITAL)
Opening transaction
Transaction cost
Official reserve transactions
Trust fund transaction
Autonomous transaction
Intermediate transaction
Round trip transactions costs
Transaction
Intercompany transaction
Net transaction
Net sales transaction
Transaction exposure
Transactions motive


 
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