Definitions for separate account
sep·a·rate ac·count

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1. Separate account

   A separate account is a segregated accounting and reporting account held by an insurance company not in, but rather "separate" from its general account. A separate account allows an investor to choose an investment category according to his individual risk tolerance, and desire for performance. An account may be a generic conservative or aggressive investment allocation, or a specific mutual fund-type account. Some offshore companies allow the account owners to specify the type of separate account to open. Separate accounts in the U.S. markets are often characterized as either managed or non-managed. A managed separate account is synonymous to a mutual fund in the sense that the investments of the separate account are actively managed (such as stocks, bonds or other debt instruments, loans, derivative instruments, etc.). A non-managed separate account is one that invests more "passively" in that it typically owns shares of other managed pools of investments such as mutual fund shares. This is similar to a "fund of funds" whereby the separate account ("fund") simply invests in shares of one or more mutual funds. This arrangement is sometimes more efficient and cost-effective rather than the insurance company maintaining many separate accounts with similar baskets of securities. Separate accounts are sometimes confused with separately managed accounts (SMAs), which are privately managed investment accounts opened through a brokerage or financial adviser that uses pooled money to buy individual assets. These differ from mutual funds because the investor directly owns the securities instead of owning a share in a pool of securities. Most SMAs require a minimum investment of $100,000 or more.

How to pronounce separate account?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say separate account in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of separate account in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of separate account in Pythagorean Numerology is: 9

Examples of separate account in a Sentence

1. Christa Chadwick:

   If the cost of an emergency veterinary visit or serious illness would be a financial strain, consider investing in pet health insurance while your pet is healthy or saving money in a separate account specifically for these costs.

2. Tyler Smith:

   The least expensive option to stay in compliance with the law was to pay the Oregon Bureau of Labor and Industries funds that will be kept in a separate account until they prevail in their court appeal.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Separate_Account