Meaning of ACCOUNT in English


In the context of bookkeeping, refers to the ledger pages upon which various assets , liabilities , income, and expenses are represented.

In the context of investment banking , refers to the status of securities sold and owned or the relationship between parties to an underwriting syndicate . In the context of securities , the relationship between a client and a broker / dealer firm allowing the firm's employee to be the client's buying and selling agent . See: Account executive ; account statement .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.