The-definition.com

Definition

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.

Share it:  Cite

More from this Section

  • Bid Rate or buying rate
    Bid Rate is the exchange rate at which foreign exchange dealers are prepared to buy foreign ...
  • Forward Deal
    Forward Deal is an agreement to buy or sell foreign currency against the local currency ...
  • Assignment
    Assignment is the receipt of an exercise notice by an option writer (seller) that obligates ...
  • Discount rate
    Discount rate is the interest rate that the Federal Reserve changes banks on discount ...
  • Retail banks
    Retail banks is the smaller-denomination loans extended to individuals and families as ...