Vocab Bloom Hub

cash account

/ˈkæʃ əˈkaʊnt/

1 entry

phrase

/ˈkæʃ əˈkaʊnt/B2formalbusiness
  • ruФинансовый счёт, на котором хранятся ликвидные средства, такие как банковский счёт или брокерский счёт, где деньги доступны для немедленного использования, в отличие от инвестированных средств или средств, удерживаемых в марже.

A financial account that holds liquid funds, such as a bank account or brokerage account where money is available for immediate use, as opposed to being invested or held on margin.

  1. Financial account typeB2formal

    A type of brokerage or bank account where all transactions are settled in cash, without the use of margin or credit.

    ruДенежный счёт

    • He opened a cash account to trade stocks without borrowing money.
    • With a cash account, you must pay for securities in full before selling them.
    • The broker explained the difference between a margin account and a cash account.