Account Holder

Business, Legal & Accounting Glossary

Definition: Account Holder


Account Holder


Full Definition of Account Holder


The account holder is the person whose name is on the account usually as verified by Social Security number.

In the case of a bank account, an investment account, a savings account, etc. the account holder is responsible for paying income taxes on interest paid or other profits. In the case of a credit account such as a credit card, or a store account, the account holder is responsible for paying the bill.


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Page URL
https://payrollheaven.com/define/account-holder/
Modern Language Association (MLA):
Account Holder. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 05, 2024 https://payrollheaven.com/define/account-holder/.
Chicago Manual of Style (CMS):
Account Holder. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/account-holder/ (accessed: December 05, 2024).
American Psychological Association (APA):
Account Holder. PayrollHeaven.com. Retrieved December 05, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/account-holder/

Definition Sources


Definitions for Account Holder are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th August, 2021 | 0 Views.