Active account

Active account refers to a brokerage account in which many transactions occur. Brokerage firms may levy a fee if an account generates an inadequate level of activity.

Category: Banking & Finance

Share it: CITE

Previous:
Computer Programming

Next:
Institutionalization

Related Definitions

Transfer of Death (TOD) Account
Transfer-on-death (TOD) Account applies to designated beneficiaries who acquire properties...
Account Summary
Account Summary is a document that summarizes financial accounts for...
Brokerage Account
A Brokerage Account is used to purchase and sell assets...
Separate investment account
Separate investment account used in group pension plans in which...
Individual Retirement Account (IRA)
Individual Retirement Account (IRA) refers individual retirement plan that can...

Recent Definitions

Voluntary Exchange Voluntary exchange is willingly trading goods, services, or resources between...

Sublease A sublease is a contract for residential or commercial space...

Silver Certificate Value A silver certificate is paper money that may be traded...

Signature Loan Signature Loan is the borrowed amount with a set rate...

Blanket Mortgage Blanket Mortgage combines the financing of two or many real...

Straw Buyer Straw Buyer is somebody who purchases anything on someone else's...

Categories

twitter	facebook
linkedin	google
instagram	youtube
tumblr	tagged
stumbleupon	myspace

Active account

Related Definitions

Recent Definitions

Newsletter Subscription