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.
 Cite this definition
'cash account
' appears in the definitions of these other terms on BusinessDictionary.com
no par value (NPV) share, fixed and floating charge, naked call
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