Library / English Dictionary

    CASH ACCOUNT

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    An account with a securities brokerage whose transactions are settled on a cash basisplay

    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)

    Credits


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