InvestorWords.com

inactive account


Definition
A bank or brokerage account in which there have not been any transactions for an extended period of time. Brokerage accounts are often charged a fee if there is not enough activity. In some extreme cases, the accounts assets may be turned over to the state.


Related Videos




Search for another term


Related Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z