account
121Account History — All activity within an account, usually since inception. In a bank account, the account history includes all transactions initiated by the account holder as well as passive entries (such as interest on balances, which are credited to the account) …
122Account executive — An account executive is a sales representative. The title is given to higher level members of the sales staff. If the organization also has account managers, the account executive out ranks them.fact|date=December 2007In larger organizations,… …
123Account identification — ■ An ISO term. A series of characters used to identify a customer account or relationship. 28x. The remitting financial institution s account serviced by the receiving bank. 2*35x. The identification assigned by the account servicing bank… …
124Account Activity — A banking term that refers to any activity that creates a debit or credit in an account. In a bank account, this would include deposits and withdrawals. In a brokerage account, it would include buy and sell transactions, dividends, interest, etc …
125Account Freeze — An action taken by a bank or brokerage that prevents any transactions from occurring in the account. Typically, any open transactions will be cancelled, and checks presented on a frozen account will not be honored. Account freezes can be… …
126Account Statement — A periodic summary of account activity with a beginning date and an ending date. The most commonly known are checking account statements, usually provided monthly, and brokerage account statements, which are provided monthly or quarterly. Monthly …
127Account Hold — Deposits that are delayed before being credited to an account, such as deposited checks that are drawn on foreign or out of state banks. A hold can also be placed on an entire account if there has been a transaction that must be or has been… …
128Account stated — Under United States law, account stated is a statement between a creditor (the person to whom money is owed) and a debtor (the person who owes) that a particular amount is owed to the creditor as of a certain date. Often the account stated is a… …
