Account: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Mend link.) |
||
| Line 31: | Line 31: | ||
* [[Capital account]] | * [[Capital account]] | ||
* [[Collection account]] | * [[Collection account]] | ||
* [[Current account]] | * [[Current account]] | ||
* [[Demand deposit account]] | * [[Demand deposit account]] | ||
| Line 39: | Line 38: | ||
* [[Idle balance]] | * [[Idle balance]] | ||
* [[International bank account number]] (IBAN) | * [[International bank account number]] (IBAN) | ||
* [[Master account]] = central account = concentration account | |||
* [[Multibank reporting]] | * [[Multibank reporting]] | ||
* [[Multicurrency account]] | * [[Multicurrency account]] | ||
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
