ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
TRUST ACCOUNT Definition
TRUST ACCOUNT is a separate bank account, segregated from a brokers own funds, in which the broker is required by state law to deposit all monies collected for clients; in some states called an ESCROW ACCOUNT.
Learn new Accounting Terms
OTC see OVER THE COUNTER.
CAPITAL REDUCTION means reducing a companys stated capital base.
