frozen account
account barred by a judicial ruling or legal process from further withdrawals. An account owned by a deceased person is frozen until the lawful heirs of the person's estate can be found.
FROZEN ACCOUNT - Occurs when a client fails to pay for securities within the allotted time. Subsequent ...
FRR - see FINANCIAL REPORTING RELEASE.
FRS - Federal Reserve System ...
FROZEN ACCOUNT " An account in which the customer has violated Reg. T by not paying within seven business days. A purchase or sale in a frozen account will only be done when sufficient funds or the securities are I the account.
Frozen Account
An account in which all purchases must be paid for in cash in advance for a period of 90 days because of failure to make timely or proper payment in the past.
FT Index ...
frozen account: A brokerage account that requires cash in advance for a period of 90 days in order to trade triggered by a failure to make timely or complete payments.
Frozen account
A disciplinary action taken by the Federal Reserve Board for some violation of Regulation T, an individual investor cannot sell securities until they are paid for in full and certificates delivered.
Frozen account: An account that is not readily usable. The customer must have the money already on deposit to enter a buy order, or the security already on deposit to enter a sell order.
Frozen Account
A brokerage account in which the customer may only purchase securities up to the amount of cash in the account and only sell securities if the certificates are held in the account.
Frozen Account:
An account on which funds may not be withdrawn until a lien is satisfied and a court order or other legal process makes the account available for withdrawal (e.g.
Frozen Account
An account to which no withdrawals or purchases can be charged. This usually occurs when the account holder fails to pay promptly for purchases charged to the account.
See: Close A Position; Frozen Account; Liquidation; Margin; Margin Call; Selling Short; Sell Out Procedures
Closing Price
At the end of a trading session, the price of the final trade in a security.
See: Close, The ...
Contra Account
Debit Card
Financial Accounting Standards Board - FASB
Frozen Account
International Accounting Standards - IAS ...
Account Freeze - An action taken by a bank or brokerage that prevents any transactions from occurring in the account. Typically, any open transactions will be cancelled, and checks presented on a frozen account will not be honored.
Entering into options or futures contracts with advance knowledge of a block transaction that will influence the price of the underlying security to capitalize on the trade. This practice is expressly forbidden by the SEC.
Frozen account ...
frozen account A bank account whose funds may not be withdrawn until a lien is satisfied or an ownership dispute is resolved. frozen plan A retirement plan to which no new contributions are being made. Previous contributions...
 See also: Banks, Federal Reserve Bank, Expense, Saving, Administration
  
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