- Types:
- show 8 types...
- hide 8 types...
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brokerage account
a fund that a customer has entrusted to a securities brokerage
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bank account
a fund that a customer has entrusted to a bank and from which the customer can make withdrawals
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short account
a brokerage account of someone who sells short (sells securities he does not own)
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cash account
an account with a securities brokerage whose transactions are settled on a cash basis
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margin account
an account with a securities brokerage in which the broker extends credit
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giro account
an account at a post office that can be used in similar ways to an account at a bank
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checking account, chequing account, current account
a bank account against which the depositor can draw checks that are payable on demand
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savings account
a bank account that accumulates interest