on+that+account

  • 51Account Reconcilement — The process of confirming that two separate records of transactions in an account are equal. This can happen internally with a bank or broker, such as between general ledger entries and individual account records. Reconcilement also occurs when a …

    Investment dictionary

  • 52Account Supervisor — An individual who oversees the handling of corporate client accounts and generally supervises a number of account executives. It is a middle management position that requires a number of years of relevant work experience. This job title is common …

    Investment dictionary

  • 53account balance — credits minus debits at the end of a reporting period. Bloomberg Financial Dictionary * * * account balance account balance ➔ balance1 * * * account balance UK US noun [C] ► BANKING the amount of money someone has in a bank account: »If the… …

    Financial and business terms

  • 54Account Aggregation — A process by which accounts are linked for the purpose of combining fees or to ease access for account holders. One form of account aggregation is householding, whereby all the savings, checking and brokerage accounts of a household are linked.… …

    Investment dictionary

  • 55Account Balance — 1. The amount of money in a financial repository, such as a checking account, at any given moment. 2. The total amount of money owed to a third party such as a credit card company, utility company, mortgage banker or other type of lender or… …

    Investment dictionary

  • 56Account In Trust — An account that is managed by one party for the benefit of another. It is sometimes called an account held in trust, and the trust relationship can be either explicit or implied. Accounts in trust are typically set up for minors, and transfer of… …

    Investment dictionary

  • 57Account Inquiry — Any inquiry into an account, whether it be a depositary account or credit account. The inquiry can refer to past records, payments or other specific transactions, or any other entries relating to the account. Most financial institutions have a… …

    Investment dictionary

  • 58Account Executive — This term refers a person who has primary responsibility for an account, whether it be for an individual or corporate client. It is used often in the advertising and public relations business, but can also be used in financial services businesses …

    Investment dictionary

  • 59account payee only — words often written on crossed cheques, which direct the bank to pay the cheque only to the bank account of the payee. Glossary of Business Terms * * * account payee (only) UK US noun [S] (WRITTEN ABBREVIATION a/c payee (only)) BANKING ► in the… …

    Financial and business terms

  • 60account for sth — UK US account for sth Phrasal Verb with account({{}}/əˈkaʊnt/ verb [T] ► to form part of a total: »High tech companies account for 32% of the total value of the payrolls in the area. ► to explain the reason for something or the cause of something …

    Financial and business terms