Account day
Account day is the day on which shares which have been bought must be paid for. On the London Stock Exchange the account period is three business days from the day of trade. Also called settlement day
Category: Economics
Previous: ← Accelerator principle
Next: Accounting period →
More from this Section
- Business
Business refers all profit-seeking activities and enterprises that provide goods and services ... - Rate of Change
Rate of Change is the measure of how quickly one variable moves in respect to another. ... - Tortfeasor
Tortfeasor is the individual or business whose wrongdoings have resulted in financial ... - Warranty Deed
The warranty deed is a legal document that demonstrates guarantees or declarations that ... - Mill Rate
The Mill Rate is calculated by dividing the total tax proportion (levy) by its current ...