Cash Account
"In the ESES context, a cash account opened by a Settlement Bank with a central bank in accordance with the Cash Account Documentation, which is operated by the Euroclear CSDs on behalf of the relevant Central Bank in connection with the use of the CSD System or a system operated by another Euroclear CSD; Cash Accounts may also be referred to in the Euroclear Contractual Documentation as 'cash positions in Central Bank Money (CeBM)'."

Euroclear glossary. 2008.

Look at other dictionaries:

  • Cash account — Cash Cash (k[a^]sh), n. [F. caisse case, box, cash box, cash. See {Case} a box.] A place where money is kept, or where it is deposited and paid out; a money box. [Obs.] [1913 Webster] This bank is properly a general cash, where every man lodges… …   The Collaborative International Dictionary of English

  • cash account — Cash Cash (k[a^]sh), n. [F. caisse case, box, cash box, cash. See {Case} a box.] A place where money is kept, or where it is deposited and paid out; a money box. [Obs.] [1913 Webster] This bank is properly a general cash, where every man lodges… …   The Collaborative International Dictionary of English

  • Cash Account — In the ESES context, a cash account opened by a Settlement Bank with a central bank in accordance with the Cash Account Documentation, which is operated by the Euroclear CSDs on behalf of the relevant Central Bank in connection with the use of… …   Financial and business terms

  • cash account — A brokerage account that settles transactions on a cash rather than credit basis. Bloomberg Financial Dictionary * * * cash account cash account ➔ account1 * * * cash account UK US noun [C] ► BANKING, FINANCE an account that a customer has in… …   Financial and business terms

  • cash account — noun an account with a securities brokerage whose transactions are settled on a cash basis • Ant: ↑margin account • Hypernyms: ↑brokerage account • Hyponyms: ↑custodial account * * * noun 1 …   Useful english dictionary

  • Cash Account — A regular brokerage account in which the customer is required by Regulation T to pay for securities within two days of when a purchase is made. This is the basic, plain vanilla account where you deposit cash to buy stocks, bonds, mutual funds,… …   Investment dictionary

  • cash account — /ˈkæʃ əkaʊnt/ (say kash uhkownt) noun 1. current account. 2. Bookkeeping a record kept of cash transactions …   Australian English dictionary

  • cash account — 1. an account in which all transactions are in money. 2. Finance. an account in which purchases are paid for in full, as distinguished from purchasing on credit or margin. * * * …   Universalium

  • cash account — A record, in bookkeeping, of all cash transactions; a summary of moneys received and expended …   Black's law dictionary

  • cash account — A record, in bookkeeping, of all cash transactions; a summary of moneys received and expended …   Black's law dictionary

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