on+this+account
71Interdistrict Settlement Account — A clearing account that the Federal Reserve maintains to facilitate fund transfers between the 12 Federal Reserve banks located throughout the country. The account is domiciled in Washington D.C. This account is reserved solely for the use of the …
72Treasury General Account — The general checking account used by the Department of the Treasury. The Treasury General Account is held at the Federal Reserve Bank of New York. All official payments of the U.S. government are made from this account. The Treasury General… …
73Tax Exempt Special Savings Account — Tessa A UK savings account with a bank or building society, introduced in January 1991, in which savers were allowed to invest up to £9000 over a five year period with no tax to pay on their interest, provided that special conditions were met.… …
74Tax Exempt Special Savings Account — Tessa A UK savings account with a bank or building society, introduced in January 1991, in which savers were allowed to invest up to £9000 over a five year period with no tax to pay on their interest, provided that special conditions were met.… …
75Medical Savings Account - MSA — A medical plan combining high deductible medical insurance protection with a tax deferred savings account that can be offered by employers as part of a benefits package. Medical savings accounts are designed to help participants pay for medical… …
76Dormant account — In the case of an account where the customer has not initiated any transaction for a certain period, the account is considered inactive. Many automated systems can automatically mark this account as dormant and block any transactions. See also… …
77discretionary account — DA An account placed with a stockbroker, securities house, commodity broker or other authorized investment manager in which they are empowered to carry out transactions on this account without referring back for approval to the principal.… …
78loan account — An account opened by a bank in the name of a customer to whom it has granted a loan, rather than an overdraft facility. The amount of the loan is debited to this account and any repayments are credited; interest is charged on the full amount of… …
79exchange equalization account — An account set up in 1932 and managed by the Bank of England on behalf of the government. It contains the official gold and foreign exchange reserves (including Special Drawing Rights) of the UK and is used to manage the value of sterling.… …
80sequestered account — In accounting, an account which has been ordered separated and impounded by order of the court. No disbursements may be made from this account without order of the court …
