Account statement

Account Statement
An account statement is a document that provides information about a specified account for a given period of time. An account statement may be issued by a bank, a mutual fund, a brokerage firm, or any other financial institution.

Account Statement
Account Statement definition :
In the context of banking, refers to a summary of all balances.In the context of securities, a summary of all transactions and positions (long and short) between a broker/dealer and a client.

account statement
any summary of transaction activity occurring during an accounting period, usually monthly, but sometimes quarterly, or annually.
1. Banking.

ACCOUNT STATEMENT - In the context of banking, refers to a summary of all balances. In the context of s...
ACCOUNTABILITY - The liability of a board of directors to shareholders and stockholders for corporate p...

Account statement: A written record of changes in your credit union account. You'll automatically, usually each month or each quarter, receive account statements that show additions to and subtractions from your account balance.

Account Statement
A statement of investment activity and investment position that is periodically sent by brokerage firms to their customers.
Accounts Payable ...

Account Statement
A printed or online statement for a checking, savings, or credit card account detailing all the debit and credit transactions for a given statement cycle.

Account Statement
A financial record that indicates the transaction and its effect on an account (usually bank account), in terms of debit and credit.

Account Statement
A statement that includes all transactions, positions and open orders and indicates the status of a client's account with a brokerage firm. Statements are required to be issued at least quarterly for all accounts.

Bank or Account Statement: The record of transactions for an account over a specified period of time, such as a monthly bank statement or checking account statement that records all the deposits made and checks cleared during the month.

Account Statement
It is the document issued by the mutual fund, giving details of various transactions and holdings of an investor in schemes of the fund.
Adjusted NAV (Total Return) ...

Account Statement
A periodic summary of account activity with a beginning date and an ending date.

The 2009 brokerage account statements reflect that the bond fund was sold, investment earnings were received and a check was issued to close the account.

An account statement will be able to provide... Balance Of Payment Reports by Country Overview - The Balance of Payment records in detail how one country interacts...

Tip: The brokerage firm that you open an account with may not be the one that sends your account statements.

See: Account executive; account statement. Account Ad Valorem Duty An imported merchandise tax expressed as a percentage. Account balance Credits minus debits at the end of a reporting period.

A complete double entry account statement of assets and liabilities drawn up by an enterprise on a specific date (usually at the end of a fiscal year). Total liabilities always equal total assets.

See: Account executive; account statement. Account balance Credits minus debits at the end of a reporting period. Account executive The brokerage firm employee who handles stock orders for clients. See: Broker.

Accounts Reconciliation: The beginning balance plus the sum of all entries on a ledger or in a checkbook register must equal the ending balance on an account statement. Deposits, interest received, and credits are added to the beginning balance.

If your financial institution does not provide you with cancelled checks, you can rely on an account statement that shows, for each check, the check number, amount, payee, and date the check amount was posted.

Account Branch Withdrawal (account statements)
Account Code (Sprint BCS-29)
Account Code Feature (Sprint)
Account Contact Tool
Account Control
Account Control Number
Account Control System
Account Control Table
Account Current
Account Current ...

When you receive your account statements, the bank may send you substitute checks in place of cancelled checks, each formatted on a separate piece of paper, with the words 'This is a legal copy of your check' appearing next to the image.

Reference information is sent with the order and, with confirmation from the bank via the account statement, this information results in reduced administration expenses.

The account statements will give investor a complete picture regarding the securities held on his behalf. These reports help investor in understanding and measuring their tax liabilities.

After the opening of your account, the financial institution will send you a mail or email, showing your account statement. Make sure you check if all details in the statement correspond to your banking transactions.

Obtain the five-letter symbol for the mutual fund from your account statement. This is listed next to the money market fund name.
2 ...

The reviewing and adjusting of the balance in a personal checkbook to match your bank statement.
Account statement
In the context of banking, refers to a summary of all balances.

A debit balance is what you owe. It's entered as accounts receivable on the books of the lender and appears on your account statement as a liability.

The victim is also entitled to receive all information about the debt, such as the application, account statements, and late notices. Creditors cannot place this debt into collection or sell the debt once they are notified of the theft.

A term used to describe checks written by a company that have been received and paid by the bank on which they were drawn or written. The check number and amount will appear on the company's checking account statement.

Net income is informally called the bottom line because it is typically found on the last line of a company's income statement. A related term is top line, meaning revenue, which forms the first line of the account statement.

convenient method of paying fixed amount, recurring bills; primarily mortgage payments and insurance premiums. Funds are automatically withdrawn from the member's Share Draft account each month to honor these payments. The combined account statement ...

In the context of securities, the relationship between a client and a broker/dealer firm allowing the firm's employee to be the client's buying and selling agent. See: Account executive; account statement.

Their sale through broker/dealers is subject to certain rules as to approval of customers, maintenance of information to support quotations, distribution of account statements, and disclosure of risk, quotations, and compensation.

fund family A group of mutual funds sponsored by the same organization, often offering exchange privileges between funds and combined account statements for multiple funds.

See also: Banks, Saving, Expense, Acquisitions, Bills