cash account
1
4.4
- noun
- Specialized
:
cuenta de efectivo
- cash account at investment
Examples
-
$60 million in various cash accounts and investments.
-
Right now, cash accounts are paying virtually nothing.
Blog text (10) -
There's 300,000 missing from our cash account.
-
Cash accounts held at investment companies are not insured by the FDIC, but are privately insured. Cash accounts at investment companies amounted to $544,293 at June 30, 2002.
Academic text (2003) -
Cash accounts held at investment companies are not insured by the FDIC, but are privately insured. Cash accounts at investment companies amounted to $544,293 at June 30, 2002.
Academic text (2003) -
To begin trading stocks, you need to set up a cash account that allows you to pay in full for your purchases.
-
Many investors choose to keep their money in a cash account for quick access when new opportunities arise.
-
Always ensure that your cash account has sufficient funds to meet the settlement dates of your transactions.
Antonyms
- Specialized
1
7.2
An account at a broker that lets you borrow money to buy stocks using those stocks as security
How Risky
Surface Forms
Morphology
The phrase is compositionally built from 'cash' + 'account', so a learner who knows both words can infer it refers to an account that operates with cash rather than credit; the basic idea is transparent. However, the precise financial meaning (settlement on a cash basis, requirement of full payment by settlement date) is technical and not fully predictable from the constituents at B1 level, so full comprehension may require specific exposure.
Etymology
Cash account comes from the simple image of cash (actual money) in an account at your stock broker. It names an account where you must 'pay in full' for purchases and cannot 'borrow' to buy stocks, so that's why it means you must use cash for trades.