An account in which money and/ or monetary assets are held with a central bank, central securities depository, central counterparty...

A type of account that is controlled by a single account known as a control account. This account is part...

An account that a bank holds in a foreign currency in another bank. Nostro accounts are used for payment services...

In relation to correspondent banking, it is an account that one bank holds on behalf of another bank (the customer...

A type of brokerage account that requires the client (the investor) to pay the full amount for securities purchased. An...

A form of credit enhancement in which a cash reserve is set up, in connection with a debt issue, from...

In investment banking, it is a financial and contractual relationship that is established between a lead investment banking firm (lead…

An asset or liability whose value is stated in monetary terms that will not change (or that are expected not...

Also, memorandum account; an account that has no accounting function, but rather is an information account that is used for...

An account that has no accounting function, but rather is an information account that is used for clarification and explanation...