Omnibus Account

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Omnibus Account

Definition: Omnibus Account

Omnibus Account
Cite Term
Sources

Full Definition of Omnibus Account

An account that one futures commission merchant carries for another in which the transactions of multiple individual account holders are combined. The identities of the individual account holders are not revealed to the holding merchant.

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
https://payrollheaven.com/define/omnibus-account/
Modern Language Association (MLA):
Omnibus Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 11, 2025 https://payrollheaven.com/define/omnibus-account/.
Chicago Manual of Style (CMS):
Omnibus Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/omnibus-account/ (accessed: March 11, 2025).
American Psychological Association (APA):
Omnibus Account. PayrollHeaven.com. Retrieved March 11, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/omnibus-account/

Definition Sources

Definitions for Omnibus 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: 16th November, 2021 | 0 Views.