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

Transaction Risk

Transaction Risk

The risk of changes in the home currency value of a specific future foreign currency cash flow.


Forward exchange transaction

Forward exchange transaction

Foreign currency purchase or sale at the current exchange rate but with payment or delivery of the foreign currency at a future date.


Shared equity transaction

Shared equity transaction

A transaction in which two buyers purchase a property, one as a resident co-owner and the other as an investor co-owner.


Highly leveraged transaction (HLT)

Highly leveraged transaction (HLT)

Bank loan to a highly leveraged firm.


Net sales transaction

Net sales transaction

Refers to over-the-counter trading. over-the-counter deal in which the quoted prices include over-the-counter (i.e., over-the-counter); looked at another way, the buyer and seller do not pay fees or over-the-counter in addition to the print or over-the-counter prices.


Further Suggestions

Net transaction exposure
Spot transaction
Taxable transaction
Transaction cost
Intercompany transaction
Closing transaction
Round trip transactions costs
Transaction Insured Trade Acceptance Locator (TITAL)
Intrabudgetary transactions
Riskless transaction
COD transaction
Transaction value
Transactions costs
Opening transaction
Transactions motive
Intermediate transaction
Accomodating transaction
Net transaction
Transaction exposure
Autonomous transaction
Transaction loan
Federal intrafund transactions
Cash transaction
Interfund transactions
Official reserve transactions


 
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