English Dictionary |
CASH ACCOUNT
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Dictionary entry overview: What does cash account mean?
• CASH ACCOUNT (noun)
The noun CASH ACCOUNT has 1 sense:
1. an account with a securities brokerage whose transactions are settled on a cash basis
Familiarity information: CASH ACCOUNT used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
An account with a securities brokerage whose transactions are settled on a cash basis
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("cash account" is a kind of...):
brokerage account (a fund that a customer has entrusted to a securities brokerage)
Hyponyms (each of the following is a kind of "cash account"):
custodial account (a brokerage firm account that parents have created for a minor)
Antonym:
margin account (an account with a securities brokerage in which the broker extends credit)
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