Business / Finance / Omnibus Account: An account carried by one futures commission merchant with another futures commission merchant in which the transactions of two or more persons are combined and carried in the name of the originating broker, rather than designated separately. Related: Commission house.
Account Noun Synonyms: calculation, accounting, reckoning, computation, (financial) statement, enumeration
Business / Accounting / Memorandum Accounts: A name for the accounts held in a subsidiary ledger. Eg. the accounts in a sales ledger . MORE
Business / Finance / Mixed Account: A brokerage account holding both long and short positioned securities. MORE
Business / Accounting / Money Market Account: A type of savings account that may or may not be protected by the FDIC, with minimum balance requirements and usually higher interest rates than other types of savings accounts. MORE
Business / Finance / Money Market Demand Account (MMDA): An account that pays interest based on short-term interest rates. MORE
Business / Human Resources (HR) / Medical Savings Accounts (MSA): Savings accounts designated for out-of-pocket medical expenses. In an MSA, employers and individuals are allowed to contribute to a savings account on a pre-tax basis and carry over the unused funds a MORE