LINKED ACCOUNT Definition

Bookmark and Share

LINKED ACCOUNT gives you the flexibility of opening minor or custom account(s) that are linked to your primary account. Transactions between linked accounts are usually controlled through the password of the primary account. Linked accounts are possible through either commercial or consumer accounts, e.g. a consumer may have his/her checking, savings and over-draft protection accounts linked so that transactions can be easily made between them.

Learn new Accounting Terms

MINORITY DISCOUNT is a discount for lack of control applicable to a minority interest.

DISCOUNT WINDOW is the facility at a Federal Reserve Bank at which members are allowed to borrow at the discount rate.

Suggest a Term

Enter Search Term

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