transferred account
1account payee — a crossing or direction on a bill of exchange that the drawee should credit funds only to the bank account of the payee. Under the Bills of Exchange Act 1882 this had no effect upon the ability of the instrument to be negotiated, but the law has… …
2account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you …
3account — {{11}}account (n.) c.1300, reckoning of money received and paid, from O.Fr. acont account, reckoning, terminal payment, from a to (see AD (Cf. ad )) + cont counting, reckoning of money to be paid, from L.L. computus a calculation, from L.… …
4Locked-In Retirement Account - LIRA — A type of registered retirement savings alternative that locks in the pension funds in investments. While the funds are locked in, they are unavailable for cash out. Pension funds that are transferred to a LIRA are used to purchase a life annuity …
5Clearing account — A Clearing account is usually a temporary account containing costs or amounts that are to be transferred to another account. An example is the income summary account containing revenue and expense amounts to be transferred to retained earnings at …
6Health savings account — A Health Savings Account (HSA) is a tax advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal… …
7Savings account — Savings accounts are accounts maintained by retail financial institutions that pay interest but can not be used directly as money (by, for example, writing a cheque). These accounts let customers set aside a portion of their liquid assets while… …
8Individual Savings Account — An Individual Savings Account (ISA; pronounced /ˈaɪsə/) is a financial product available to residents in the United Kingdom. It is designed for the purpose of investment and savings with a favourable tax status. Money is contributed from… …
9Flexible spending account — A flexible spending arrangement (FSA), or Flexible Spending Account, as they are commonly called, is one of a number of tax advantaged financial accounts that can be set up through a cafeteria plan of an employer in the United States. An FSA… …
10Bank Account Debits Tax — (BADT or BAD) was an Australian tax levied on customer withdrawals from bank accounts with a cheque facility (both withdrawals made by cheque or by another means, such as EFTPOS). The tax was introduced by the Commonwealth in 1982. The power to… …
