Side Pocket

Business, Legal & Accounting Glossary

Definition: Side Pocket


Side Pocket


Full Definition of Side Pocket


A separate account used by hedge funds which includes only their illiquid assets, so that they can be considered separately from their liquid assets. A unique aspect of a side pocket account is that the only people who will benefit from this account are those who were members of the hedge fund when the account was created; any future members will not benefit from this account.


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https://payrollheaven.com/define/side-pocket/
Modern Language Association (MLA):
Side Pocket. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
November 08, 2024 https://payrollheaven.com/define/side-pocket/.
Chicago Manual of Style (CMS):
Side Pocket. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/side-pocket/ (accessed: November 08, 2024).
American Psychological Association (APA):
Side Pocket. PayrollHeaven.com. Retrieved November 08, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/side-pocket/

Definition Sources


Definitions for Side Pocket 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.