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cash account

NOUN
  1. an account with a securities brokerage whose transactions are settled on a cash basis

How To Use cash account In A Sentence

  • These accounts were debited for the expenses, with the corresponding credit to the cash account.
  • Thus the recognition occurs one step earlier than under cash accounting.
  • Thus the recognition occurs one step earlier than under cash accounting.
  • Commitment accounting Commitment accounting is much less widely adopted in practice than either cash accounting or accruals accounting.
  • For example, one organization might adopt budgetary accounting, cash accounting and fund accounting simultaneously.
  • Thus the recognition occurs one step earlier than under cash accounting.
  • For example, one organization might adopt budgetary accounting, cash accounting and fund accounting simultaneously.
  • SAVERS sheltering money in cash accounts have been urged to consider taking more risks to ensure they beat inflation. Times, Sunday Times
  • Commitment accounting Commitment accounting is much less widely adopted in practice than either cash accounting or accruals accounting.
  • After a trader completes a deal, the back-office staff confirm the trades by phone and also reconcile cash accounts at the end of each day.
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