General Account

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Definition: General Account

General Account

Quick Summary of General Account

A margin account provided to a customer by a brokerage, in Federal Reserve Board terminology. Regulation T requires that all transactions involving credit given to the customer must be made in a general account.

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Sources

Related Phrases

treasury general account (TGA)

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https://payrollheaven.com/define/general-account/
Modern Language Association (MLA):
General Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 24, 2024 https://payrollheaven.com/define/general-account/.
Chicago Manual of Style (CMS):
General Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/general-account/ (accessed: April 24, 2024).
American Psychological Association (APA):
General Account. PayrollHeaven.com. Retrieved April 24, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/general-account/

Definition Sources

Definitions for General 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: 5th November, 2021 | 0 Views.