Account: Difference between revisions
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1. ''Banking'' | 1. ''Banking - noun''. | ||
A balance held with a financial institution to facilitate transactions, such as a bank account or securities account. | A balance held with a financial institution to facilitate transactions, such as a bank account or securities account. | ||
2. ''Bookkeeping - accounting'' | 2. ''Bookkeeping - accounting - noun.'' | ||
A division of a ledger for entries recording related transactions. | A division of a ledger for entries recording related transactions. | ||
3. ''Verb - record keeping and reporting.'' | |||
To maintain financial and other records and to produce appropriate summary reports. | |||
4. ''Verb - accountability.'' | |||
To explain an organisation's actions and omissions, in a formal capacity as a responsible officer or body, accepting accountability. | |||
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* [[Account analysis]] | * [[Account analysis]] | ||
* [[Account positioning]] | * [[Account positioning]] | ||
* [[Accountability]] | |||
* [[Accounting]] | * [[Accounting]] | ||
* [[Accounts]] | * [[Accounts]] | ||
* [[Audit]] | |||
* [[Bank account]] | * [[Bank account]] | ||
* [[Basic bank account]] | * [[Basic bank account]] | ||
| Line 19: | Line 31: | ||
* [[Capital account]] | * [[Capital account]] | ||
* [[Collection account]] | * [[Collection account]] | ||
* [[Current account]] | * [[Current account]] | ||
* [[Demand deposit account]] | |||
* [[Deposit account]] | * [[Deposit account]] | ||
* [[Electronic bank account management]] | * [[Electronic bank account management]] | ||
* [[Escrow account]] | * [[Escrow account]] | ||
* [[Idle balance]] | * [[Idle balance]] | ||
* [[International bank account number]] (IBAN) | |||
* [[Master account]] = central account = concentration account | |||
* [[Multibank reporting]] | * [[Multibank reporting]] | ||
* [[Multicurrency account]] | |||
* [[Nominal Ledger]] | * [[Nominal Ledger]] | ||
* [[Nostro account]] | * [[Nostro account]] | ||
* [[Open account]] | * [[Open account]] | ||
* [[Period of account]] | |||
* [[Profit and Loss account]] | * [[Profit and Loss account]] | ||
* [[Reserves account]] | * [[Reserves account]] | ||
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* [[Share premium account]] | * [[Share premium account]] | ||
* [[Signature cards]] | * [[Signature cards]] | ||
* [[Single legal account pooling]] | |||
* [[Sweep account]] | * [[Sweep account]] | ||
* [[Transaction balance]] | * [[Transaction balance]] | ||
Latest revision as of 14:24, 6 July 2022
1. Banking - noun.
A balance held with a financial institution to facilitate transactions, such as a bank account or securities account.
2. Bookkeeping - accounting - noun.
A division of a ledger for entries recording related transactions.
3. Verb - record keeping and reporting.
To maintain financial and other records and to produce appropriate summary reports.
4. Verb - accountability.
To explain an organisation's actions and omissions, in a formal capacity as a responsible officer or body, accepting accountability.
See also
- Account analysis
- Account positioning
- Accountability
- Accounting
- Accounts
- Audit
- Bank account
- Basic bank account
- Bookkeeping
- Capital account
- Collection account
- Current account
- Demand deposit account
- Deposit account
- Electronic bank account management
- Escrow account
- Idle balance
- International bank account number (IBAN)
- Master account = central account = concentration account
- Multibank reporting
- Multicurrency account
- Nominal Ledger
- Nostro account
- Open account
- Period of account
- Profit and Loss account
- Reserves account
- Security
- Settlement account
- Share premium account
- Signature cards
- Single legal account pooling
- Sweep account
- Transaction balance
- Trust account
- Virtual account
- Vostro account
- Zero balance account
