Tag: account

What is 'Offline Debit Card' A card that combines characteristics of both a traditional (online) debit card and a credit card, allowing...

What does 'On Account' mean On account is an accounting term that denotes partial payment of an amount owed or the purchase/sale...

DefinitionMargin Call is a 2011 American drama film written and directed by J. C. Chandor. The principal story takes place over a 24-hour period...

What is an Omnibus Account An Omnibus account is a single account that is used to hold securities for multiple clients. The account is maintained...

What is 'Offshore Portfolio Investment Strategy - OPIS' A tax shelter product designed to create large, seemingly real losses to be used...

What is a managed futures account and how does it work A managed futures account is an investment account in which a professional money manager...

DefinitionIn finance, margin is collateral that the holder of a financial instrument has to deposit with a counterparty to cover some or all of...

What is 'Magnetic Ink Character Recognition Line - MICR' The information that appears at the bottom of a check that includes the...

What is a managed account and what are the benefits of using one When it comes to investing, there are a lot of different approaches...

What is 'Absolute Beneficiary' A designation of a beneficiary that can not be changed without the written consent of that beneficiary. Also...