mutual account
51individual retirement account — ( IRA) A retirement account that may be established by an employed person. IRA contributions are tax deductible according to certain guidelines, and the gains in the account are tax deferred. Bloomberg Financial Dictionary * * * individual… …
52Coverdell Education Savings Account — A Coverdell Education Savings Account (also known as an Education Savings Account, a Coverdell ESA, a Coverdell Account, or just an ESA and formerly known as an Education Individual Retirement Account), is a tax advantaged investment account in… …
53FDIC Insured Account — An account that meets the requirements to be covered or insured by the Federal Deposit Insurance Corporation (FDIC). An FDIC Insured Account has to be in a bank that is a participant of the FDIC program. The different accounts that can be FDIC… …
54cash management account — ➔ account1 * * * cash management account UK US noun [C] (ABBREVIATION CMA) ► BANKING a type of bank account in which the bank manages its customers money in order to make sure that as much profit as possible is made for the customer: »We counted… …
55Managed Futures Account — A Managed Futures Account (MFA) is a form of alternative investment, similar to a mutual fund, that takes long and short positions in futures contracts, government securities, and options on futures contracts.Managed futures are operated by… …
56Managed futures account — A managed futures account (MFA) or managed futures fund is a type of alternative investment. Managed futures accounts include, but are not limited to, commodity pools and commodity funds. Unlike mutual funds,[clarification needed] managed futures …
57Advisor Account — A type of investment account where an investment advisor works closely with a client in formulating and implementing investment purchases and strategies. In most cases, the client has the final say on all investment decisions. The fee structure… …
58Negotiable Order of Withdrawal (NOW) Account — An interest earning bank account with which the customer is permitted to write drafts against money held on deposit. Also known as a NOW account . Typically commercial banks, mutual savings banks and savings and loan associations can offer this… …
59Automated Customer Account Transfer Service - ACATS — A system that facilitates the transfer of securities from one trading account to another at a different brokerage firm or bank. The National Securities Clearing Corporation (NSCC) developed the ACATS system, replacing the previous manual asset… …
60Cash Account — A regular brokerage account in which the customer is required by Regulation T to pay for securities within two days of when a purchase is made. This is the basic, plain vanilla account where you deposit cash to buy stocks, bonds, mutual funds,… …
