cash account Definition

cash account

Definition

A brokerage account in which the customer is required by Regulation T to pay the full amount due by the settlement date for securities purchased; buying on margin and borrowed money are not permitted. also called special cash account. Some types of accounts, such as Individual Retirement Accounts and Custodian for Minor accounts, must be cash accounts.

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cash account is ...
... part of the Brokerages and Trading subjects.

Related Terms

capitalize - More

credit balance -

Federal Call - More

margin account, naked call, naked put, uncovered call, uncovered put, ledger cash

cash account appears in the definitions of these other terms on BusinessDictionary.com

fixed and floating charge, no par value (NPV) share, naked call