What does cash account mean?
Definitions for cash account
cash ac·count
This dictionary definitions page includes all the possible meanings, example usage and translations of the word cash account.
Princeton's WordNet
cash accountnoun
an account with a securities brokerage whose transactions are settled on a cash basis
ChatGPT
cash account
A cash account is a type of brokerage account in which the investor must pay the full amount for securities purchased. In a cash account, you are not allowed to borrow funds from your broker to pay for transactions in the account. This type of account stands in contrast to a margin account, in which an investor is allowed to borrow money to trade stocks or bonds. Cash accounts include checking accounts, savings accounts and other financial accounts that require the full-funding for securities purchased.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of cash account in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of cash account in Pythagorean Numerology is: 9
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"cash account." Definitions.net. STANDS4 LLC, 2024. Web. 19 Sep. 2024. <https://www.definitions.net/definition/cash+account>.
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