Business, Legal & Accounting Glossary
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.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Account Holder are sourced/syndicated and enhanced from:
This glossary post was last updated: 4th August, 2021 | 1 Views.