Active Account

Business, Legal & Accounting Glossary

Definition: Active Account


Active Account


Full Definition of Active Account


A brokerage account in which there are many transactions. Often, brokerages will charge a certain flat fee on accounts that are not very active. For a brokerage, this is a chance to generate revenues from accounts that would otherwise not be generating revenues.


Cite Term


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Page URL
https://payrollheaven.com/define/active-account/
Modern Language Association (MLA):
Active Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 07, 2021 https://payrollheaven.com/define/active-account/.
Chicago Manual of Style (CMS):
Active Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/active-account/ (accessed: December 07, 2021).
American Psychological Association (APA):
Active Account. PayrollHeaven.com. Retrieved December 07, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/active-account/

Definition Sources


Definitions for Active Account 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: 20th November, 2021 | 1 Views.