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 Glossary   >   C   >   "Cash Account" Definition   

        Cash Account

A regular broker account in which the customer is required by Regulation T to pay for securities within two days after a purchase is made.

Cash Account


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Cash Account - A regular broker account in which the customer is required by Regulation T to pay for securities within two days after a purchase is made.


Cash Account : a regular broker account in which the customer is required by regulation t to pay for securities within two days after a purchase is made.