Account Holder

Business, Legal & Accounting Glossary

Definition: 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.


Cite Term


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Page URL
https://payrollheaven.com/define/account-holder/
Modern Language Association (MLA):
Account Holder. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 25, 2021 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: September 25, 2021).
American Psychological Association (APA):
Account Holder. PayrollHeaven.com. Retrieved September 25, 2021, 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 | 1 Views.