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Cash account   /kæʃ əkˈaʊnt/   Listen
Cash account

noun
1.
An account with a securities brokerage whose transactions are settled on a cash basis.  Antonym: margin account.





WordNet 3.0 © 2010 Princeton University


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"Cash account" Quotes from Famous Books



... Cartesian argument for the existence of a Supreme Being is therefore insufficient; and we may as well hope to increase our stock of knowledge by the aid of mere ideas, as the merchant to augment his wealth by the addition of noughts to his cash account. ...
— The Critique of Pure Reason • Immanuel Kant


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