NOUN | possession | cash account | an account with a securities brokerage whose transactions are settled on a cash basis |
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Meaning | An account with a securities brokerage whose transactions are settled on a cash basis. | |
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Narrower | custodial account | A brokerage firm account that parents have created for a minor |
Broader | brokerage account | A fund that a customer has entrusted to a securities brokerage |
Opposite | margin account | An account with a securities brokerage in which the broker extends credit |
Spanish | cuenta de caja |
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