Library / English Dictionary |
CASH ACCOUNT
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
An account with a securities brokerage whose transactions are settled on a cash basis
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("cash account" is a kind of...):
brokerage account (a fund that a customer has entrusted to a securities brokerage)
Hyponyms (each of the following is a kind of "cash account"):
custodial account (a brokerage firm account that parents have created for a minor)
Antonym:
margin account (an account with a securities brokerage in which the broker extends credit)