CASH IN BANK Definition

Bookmark and Share

CASH IN BANK literally means coin, currency, and cash items on deposit.

Learn new Accounting Terms

ACCOUNT CURRENT is a running or continued account between two or more parties, or a statement of the particulars of such an account.

MARGIN ACCOUNT (Stocks) is 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 and, if the value of the stock drops sufficiently, the owner will be asked to either put in more cash, or sell a portion of the stock. Margin rules are federally regulated, but margin requirements and interest may vary among broker/dealers.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.