Related Words

Account Executive: The brokerage firm employee who handles stock orders for clients. See: Broker.

Account: In the context of bookkeeping, refers to the ledger pages upon which various assets, liabilities, income, and expenses are represented. In the context of investment banking, refers to the st . . . View Full Definition

Brokerage Account: To buy and sell securities through a broker-dealer or other financial services firm, you establish an account, generally known as a brokerage account, with that firm. In a full-service broke . . . View Full Definition

Margin Account: Margin accounts are brokerage accounts that allow you a much wider range of transactions than cash accounts. In a cash account you must pay for every purchase in full at the time of the tran . . . View Full Definition

Manufacturing Account: An account used to show what it cost to produce the finished goods made by a manufacturing business.

Margin Account (Stocks): A leverageable account in which stocks can be purchased for a combination of cash and a loan. The loan in the margin account is collateralized by the stock; if the value of the stock drops s . . . View Full Definition

Market Adjustment-Trading Securities Account: An account used to track the difference between the historical cost and the market value of a company's portfolio of trading securities.

Management Accounting: The area of accounting concerned with providing internal financial reports to assist management in making decisions.

Managed Account: A managed account is a portfolio of stocks or bonds chosen and managed by a professional investment manager who makes the buy and sell decisions. Each managed account has an investment objec . . . View Full Definition

Jury Of Executive Opinion: A method of forecasting using a composite forecast prepared by a number of individual experts. The experts form their own opinions initially from the data given, and revise their opinions ac . . . View Full Definition