DEPOSITORY ACCOUNT Definition

Bookmark and Share

DEPOSITORY ACCOUNT are those accounts where assets; e.g. cash or securities; are placed on deposit in favor of the depositor.

Learn new Accounting Terms

ZERO COUPON CONVERTIBLE DEBENTURE/SECURITY is a zero coupon bond that is convertible into the common stock of the issuing company after the common stock reaches a certain price.

TAN is Tax Anticipation Note.

Suggest a Term

Enter Search Term

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