A brokerage account that settles transactions on a cash basis with no opportunity for the account holder to use credit (margin) See also: Margin account
Orders placed in a cash account are settled on a cash basis, meaning that cleared funds must be in the account within three business days to cover purchases
A brokerage account in which the client pays in full for any purchases In contrast, in a margin account the broker extends the client credit Many brokerage clients have both cash and margin accounts Custodial accounts may not have a margin account
The balancing portion of a country's balance of payments, showing how cash balances (foreign reserves) and short-term financial claims have changed in response to current account and capital account transactions
Orders placed in a cash account are settled on a cash basis, meaning that cleared funds must be in the account within three (3) business days to cover purchases
A type of brokerage account that requires you pay for trades in full by the settlement date Some customers have both Cash and Margin Accounts By law, Individual Retirement Accounts and Custodial Accounts for minors must be cash accounts
An account or authorization file maintained by an Issuer that represents prefunded or day-of-draw benefits, or both, administered by one or more Government Entities, and for which the Issuer has agreed to provide access under these Rules Multiple benefits may be combined in a single Cash Account
A type of brokerage account which requires that transactions must be settled in full (no margin or borrowed monies) by the settlement date Some types of accounts such as Individual Retirement Accounts and Custodian for Minor accounts must be cash accounts
A type of account with a brokerage firm that requires that all transactions must be settled in full, with no borrowing or margin, by the settlement date for the transaction Specific accounts that are required to be Cash Accounts include Individual Retirement Accounts (IRAs)