Share Account

Business, Legal & Accounting Glossary

Definition: Share Account


Share Account

Quick Summary of Share Account


A building society account where there is no cheque book facility. Interest is usually variable and sometimes there is a notice period for withdrawals. Share account holders are members of the society and are entitled to vote and attend annual general meetings.




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/share-account/
Modern Language Association (MLA):
Share Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/share-account/.
Chicago Manual of Style (CMS):
Share Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/share-account/ (accessed: May 18, 2024).
American Psychological Association (APA):
Share Account. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/share-account/

Definition Sources


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