Account Sale

Business, Legal & Accounting Glossary

Definition: Account Sale

Account Sale

Quick Summary of Account Sale

A statement by a commodity broker to a client when a futures transaction is closed out. Sometimes referred to as a P&S; (Purchase and Sale Statement), it shows the net profit or loss on the transaction, with commissions and other charges detailed and taken.

Cite Term

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.

Page URL
Modern Language Association (MLA):
Account Sale. Payroll & Accounting Heaven Ltd.
May 20, 2024
Chicago Manual of Style (CMS):
Account Sale. Payroll & Accounting Heaven Ltd. (accessed: May 20, 2024).
American Psychological Association (APA):
Account Sale. Retrieved May 20, 2024
, from website:

Definition Sources

Definitions for Account Sale 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: 26th April, 2020 | 0 Views.