Separate Account — 1. A privately managed investment account opened through a brokerage or financial advisor that uses pooled money to buy individual assets. 2. In the context of variable annuities, these are payments made to an insurance company for the purpose of … Investment dictionary
account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you … Financial and business terms
account — {{Roman}}I.{{/Roman}} noun 1 description ADJECTIVE ▪ brief, short ▪ blow by blow (informal), comprehensive, detailed, full, graphic ▪ … Collocations dictionary
separate — {{Roman}}I.{{/Roman}} verb 1 move/keep people/things apart ADVERB ▪ completely ▪ carefully ▪ clearly ▪ These two branches of the science have now become clearly separated. ▪ … Collocations dictionary
Separate Car Act — The Separate Car Act (Act 111 [Hasian Jr., p. 12] ) is a law passed by the Louisiana State Legislature in 1890 which required equal, but separate train car accommodations for Blacks and Whites.Margo, p. 68] History The Reconstruction period and… … Wikipedia
Account Reconcilement — The process of confirming that two separate records of transactions in an account are equal. This can happen internally with a bank or broker, such as between general ledger entries and individual account records. Reconcilement also occurs when a … Investment dictionary
account stated — All agreement concerning prior transactions between the parties with respect to the correctness of the separate items composing the account and the balance, if any, in favor of one or the other of the parties. 1 Am J2d Acctg § 21. An agreement… … Ballentine's law dictionary
separate customer — Method of allocating insurance by the Securities Investor Protection Corporation. Each account that is under the name of a different person or group of people is entitled to maximum protection. Bloomberg Financial Dictionary … Financial and business terms
separate business of wife — A business carried on by a married woman on her sole account. 27 Am J1st H & W §§ 463 et seq … Ballentine's law dictionary
Unified Managed Account - UMA — A professionally managed private investment account that is rebalanced regularly and can encompass every investment vehicle (e.g. mutual funds, stocks, bonds and exchange traded funds) in an investor s portfolio, all in a single account. The… … Investment dictionary