Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• ACCOUNT CONTROL AGREEMENT - An agreement perfecting a creditor's interest in a securities account while...
  
  
• ACCOUNT CURRENT - a running or continued account between two or more parties, or a statement of the par...
  
  
• ACCOUNT DEBTOR - An individual or business that is obligated to pay on an account, chattel paper, contr...
  
  
• ACCOUNT DISTRIBUTION - the process by which debits and credits are identified to the correct accounts.
  
  
• ACCOUNT EXECUTIVE - Is the party who acts as an agent for his customer. The broker receives a commissio...
  
  
• ACCOUNT FEE - An amount often charged by lenders to cover the cost of setting up and maintaining mortga...
  
  
• ACCOUNT GROUP - in accounting, is a designation of a group of accounts of like type (for example: accou...
  
  
• ACCOUNT HOLD - a warning placed on a savings, loan or other account to indicate the need for special ha...
  
  
• ACCOUNT PARTY - Party who applies to open a bank for the issuance of a letter of credit.
  
  
• ACCOUNT PAYABLE - Amount owed to a CREDITOR for delivered goods or completed services.