A personal account is an account for use by an individual for that person s own needs. It is a relative term to differentiate them from those accounts for corporate or business use. The term personal account may be used generically for financial accounts at banks and for service accounts such as accounts with the phone company, or even for e mail accounts. Banking In banking in the United States of America United States , personal account refers to one s account at the bank that is used for non business purposes. Most likely, the service at the bank consists of one of two kinds of accounts or sometimes both a savings account and a checking account . Banks differentiate their services for personal accounts from business accounts by setting lower minimum balance requirements, lower fees, free checks, free ATM usage, free debit card Check card usage, etc. The term does not apply to any one service or limit the banks from providing the same services to non individuals.personal account can be classified into three categories 1Persons of Nature.2.Persona of Artificial Relationship.3.Persons of Representation. At the turn of the 21st century, many banks started offering free checking, a checking account with no minimum balance, a free check book, and no hidden fees. This encouraged Americans who would otherwise live from check to check to open their personal account at financial institutions. For businesses that issue corporate checks to employees, this enables reduction in the amount of paperwork. Finance In the financial industry, personal account usually PA refers to trading or investing for yourself, rather than the company one is working for. There are often restrictions on what may be done with a PA, to avoid conflict of interest. References unreferenced date September 2007 references External links http www.fsa.gov.uk Financial Services Authority http www.financial ombudsman.org.uk Financial Ombudsman Service http www.bankingcode.org.uk Banking Code Standards Board http ... more details
Orphan date April 2012 A canonical account or built in account , in the context of computer software and systems, is an account that is included by default with a program or firmware . Such accounts usually also have a default password and may have certain access rights by default. As such accounts and their password and permissions are usually common knowledge, given that anyone possessing a copy of the software, the device or their documentation will likely know of the account, a common security measure is to change the account s password and to double check or modify the groups if any it is included in, or simply disable or delete it if it is not required. Examples Zyxel routers typically have admin as their default firmware administration account and 1234 as the default password . The password can and should be changed as soon as possible. Microsoft Windows 2000 and Windows XP XP , and possibly other versions, have an account named Guest by default, which has no password and grants a very basic access to the operating system. Even though it is disabled by default, some administrators may choose to activate it, change the password and disable it once more for good measure. This account cannot be deleted. If not blank, canonical passwords are usually simple and may often be A simple sequence 1234 , 4321 , abcd The same as the account if the account is bob , the password will also be bob A word relating to the account or software support , finance , windows Simply password , pass External links http www.phenoelit.de dpl dpl.html Default Router Password List http www.helith.net projects alecto Alecto Default Password List Project Category Windows software Category Password authentication Windows software stub ... more details
Multiple issues wikify March 2012 inappropriate tone June 2010 The job role account executive covers various descriptions depending on the specific industry covering mainly sales marketing role. IT organizations In information technology IT organizations, an account executives is a senior management role, responsible for executing large 50 mln contracts. Control of the profit and loss is one of the main activities, together with customer alignment on a senior level. Usually an account executive has one or more account managers in his her staff, to cover the various towers a large contract is mainly built of. The account managers directly or indirectly control the program and project managers performing the actual job. For very large contracts 1 bln , 600 people could be involved in contract execution. Contract life cycle In an ideal situation, at the end of a contract life cycle, the account executive and part of the staff will be involved in new contract negotiations. This could be for the same account or for a new customer. Once the contract is signed, the account executive and staff will be directly up to speed. However, practice shows this situation will only be achieved one out of five times on average. Marketing and advertising industries In the marketing and advertising industries, account executives are typically responsible for client servicing and client acquisition. The account ... jobs i.e. media placement, distributions, contract negotiation, etc. . The account executive is also tasked with bringing more clients into the agency to increase revenue. The account executive will typically have 1 2 assistants and reports to the respective account supervisor manager ref http www.prospects.ac.uk advertising account executive job description.htm ref and or to the client service director account director. This depends on the country and on the account s he is working for. In Spain for example, an account executive could probably develop very important campaigns on his her own ... more details
Unreferenced date December 2009 A coin of account is a unit of money that does not exist as an actual coin that is, a metal disk but is used in figuring prices or other amounts of money. For example, the mill currency mill or sometimes, mil is a coin of account in the United States . It is equal to one tenth of a penny , and so to one thousandth of a dollar 0.001 , whence the name, which means thousandth. There was never such a coin mint coin mint ed by the U.S. Federal government, though some states minted these coins well into the mid 1900s. Coins of account are used in accounting and for figuring tax es, usually either property tax es or sales tax es. DEFAULTSORT Coin Of Account Category Currency Category Money Money stub Econ stub de Rechnungsw hrung it Moneta di conto ru ... more details
Image SampleBankbook.png 200px right thumb A passbook , the traditional record of savings account transactions Banking Savings accounts are accounts maintained by retail financial institution s that pay interest but cannot be used directly as money in the narrow sense of a medium of exchange for example, by writing a check . These accounts let customers set aside a portion of their liquid assets while earning a monetary return. For the bank, money in a savings account may not be callable immediately and therefore often does not incur a reserve requirement freeing up cash from the bank s vault to be lent out with interest. The other major types of deposit account are transactional account transactional checking account , money market account , and time deposit . Regulation In the United States, under Regulation D FRB Regulation D , 12 Code of Federal Regulations CFR 204.2 d 2 , the term savings deposit includes a deposit or an account that meets the requirements of Sec. 204.2 d 1 and from under the terms of the deposit contract or by practice of the depository institution , the depositor is permitted to make up to six pre authorized transfers or withdrawals per month or statement cycle of at least four weeks. There is no regulation limiting number of deposits into the account. Within ... relating to potential tax evasion . Account holders must either pay the withholding tax or disclose account holder information to relevant tax authorities. ref cite news title Offshore investors ... 28 November 2010 ref Costs Withdrawals from a savings account are occasionally costly, and they are more time consuming than withdrawals from a demand current account. However, most saving accounts ... D often involve a service charge, or even a downgrade of the account to a checking account ... funds from the online account to a brick and mortar bank where it can be easily accessed. During ... Online Banking Use dmy dates date August 2011 DEFAULTSORT Savings Account Category Banking Category ... more details
Thoroughbred racehorse infobox horsename Private Account image caption sire Damascus horse Damascus grandsire Sword Dancer dam Numbered Account horse Numbered Account damsire Buckpasser sex Stallion horse Stallion foaled 1976 country United States colour Bay horse Bay breeder Ogden Phipps owner Ogden Phipps trainer Angel Penna, Sr. record 13 6 4 1 earnings United States dollar US 339,396 race Jim Dandy Stakes 1979 br Gulfstream Park Handicap 1980 br Widener Handicap 1980 awards honours updated Private Account April 26, 1976 November 25, 2004 was an American Thoroughbred racehorse whose wins included the Graded stakes race Grades 1 Gulfstream Park Handicap Gulfstream Park ref http news.google.com newspapers?id xftLAAAAIBAJ&sjid RO4DAAAAIBAJ&pg 4955,4169612&dq gulfstream park handicap private account&hl en The Spokane, Washington Spokesman Review March 23, 1980 ref and Widener Handicap s ref http news.google.com newspapers?id yf4sAAAAIBAJ&sjid rswFAAAAIBAJ&pg 1040,1623964&dq widener handicap private account&hl en Palm Beach Florida Post March 2, 1980 ref under jockey Jeffrey Fell . Regal Ancestry From racing royalty, Private Account was sire d by Hall of Fame inductee Damascus horse Damascus , a son of another Hall of Fame horse, Sword Dancer . His dam was Numbered Account horse Numbered Account , the 1971 American Champion Two Year Old Filly and a daughter of yet another Hall of Fame inductee, Buckpasser . ref http www.pedigreequery.com private account Private Account s pedigree ref Private Account is a half brother to Dance Number . A legacy sire Private Account was an outstanding sire whose progeny counts six millionaires ref http www.pedigreequery.com progeny private account Private Account s progeny ref including two Hall of Fame filly s, Personal Ensign ref http www.racingmuseum.org ... view.asp?varID 434 National Museum of Racing and Hall of Fame ref Pedigree name Private Account f Damascus horse Damascus m Numbered Account horse Numbered Account ff Sword Dancer fm Kerala mf Buckpasser ... more details
cleanup date July 2008 unreferenced date July 2008 A sweep account is an account set up at a bank or other financial institution where the funds are automatically managed between a primary cash account and secondary investment accounts. Overview A sweep account is a combination of two or more accounts at a bank or financial institution. It is useful in managing a steady cash flow between a cash account used to make scheduled payments, and an investment account where the cash is able to accrue a higher return. Many banks and financial institutions offer a sweep account service for personal customers and small business owners. It has also become part of the arsenal of services offered by credit card companies. Mechanics In banking, sweep accounts are primarily used as a legal workaround to the prohibition on paying interest on business checking accounts. In this system, the funds are described as being swept overnight into an investment vehicle of some kind. The choices for sweep investments ... based on the companies account balances in a process known as account analysis. How it actually works In a sweep account A cash account is set up first and a lump sum of money is deposited into that account ... balance that should be kept in this account. Depending on the institutions service, this amount ... the balance in the cash account falls below the pre determined average balance, some of the investment is liquidated and the proceeds get deposited into the cash account, thus maintaining the average ... account. During a bad economic cycle , the funds in the investment accounts may fall low enough that substantial gains will not be possible to maintain the average balance in the cash account. In these cases, the financial institutions would ask either for more funds to be put into the investment account ... Some companies choose to have all of their funds swept into a sweep account if they believe that the increased ... the funds in the account. Other companies calculate the approximate amount needed to rebate the fees ... more details
globalize USA date March 2009 An expense account is the right to reimbursement of money spent by employees for work related purposes. ref name HR cite news author Brian Satterfield title 5 Tales of Outrageous Expense Account Abuse publisher HR World date May 29, 2008 url http www.hrworld.com features outrageous expense account abuse 052908 accessdate 2009 03 13 ref US tax treatment of expense accounts In the United States , the use of an expense account can be traced back to George Washington , who chose to forego a salary and relied on an expense account to cover his purchases during his military leadership in the American Revolution . ref Cite book url http books.google.com books?id odKndm95mnMC title George Washington s Expense Account author Marvin Kitman publisher Grove Press year 2001 isbn 0802137733 ref Under today s Taxation in the United States tax laws of the United States , expense accounts are treated as either accountable or unaccountable . Accountable expense accounts are subject to a variety of restrictions. Accountable expense accounts are subject to a variety of Internal Revenue Service regulations. There must be a documented business purpose for the account. Spending from the account must be documentable, typically by means of receipt s. Any money entrusted to the employee from the account that is not spent for business purposes and accounted for must be returned to the employer. ref Internal Revenue Service , http www.irs.gov publications p535 ch11.html d0e8332 Publication 535 2007 , Business Expenses , ch. 11 Reimbursement of Travel, Meals, and Entertainment ref Money paid to an employee under an accountable expense account is not treated as taxable income ... ref cite news author Paul Burnham Finney title A high tech tool to track expense account abuse publisher ... http tierneylab.blogs.nytimes.com 2008 06 06 expense account science That Expense Account Science ... Common Expense Account Abuses, BusinessWeek DEFAULTSORT Expense Account Category Expense accounting ... more details
multiple issues newsrelease December 2010 unreferenced December 2010 Account aggregation is a method that involves compiling information from different accounts, which may include bank accounts, credit card accounts, investment accounts, and other consumer or business accounts, into a single place. This may include a database or may be provided through screen scraping where a user provides the requisite account access information for an automated system to gather and compile the information into a single page. Usually this database resides in a web based application software application or in client side software . While such services are primarily designed to aggregate financial information, they sometimes also display other things such as the contents of e mail boxes and news headlines. Initial setback One of the first major account aggregation services was Citibank s My Accounts service, though this service ended in late 2005 without explanation from Citibank. Much has been said in the financial services and banking industry as to the benefits of account aggregation principally the customer and web site loyalty it might generate for providers but the lack of responsibility and commitment ... like single password, one click access to current account data, total net worth and expense analysis .... While outside of the U.S. client side account aggregation, provided by technology solutions provider ..., Ping An in China and Westpac in Australia. Major banks Account aggregation has evolved with single ... also powers applications such as Funds Transfer, New Account Openings, Card Based Bill Pay and so on. Independent Financial Advisors Independent Financial Advisors are another group that account aggregators ... was. Account Aggregation should be able to help many of these advisors gain the competitive edge by providing a look into their clients held away, and non managed accounts. Account aggregation ... blog devoted to financial account aggregation DEFAULTSORT Account Aggregation Category Account aggregation ... more details
About the macroeconomic current account day to day bank accounts Current account banking Cleanup date March 2011 File Cumulative Current Account Balance.png thumb 400px small Cumulativity Cumulative Current Account Balance 1980 2008 US Billions based on the International Monetary Fund data small In economics , the current account is one of the two primary components of the balance of payments , the other being capital account . It is the sum of the balance of trade net earnings on exports minus payments ... and cash transfers. The current account balance is one of two major measures of the nature of a country s foreign trade the other being the net capital outflow . A current account surplus increases a country s net foreign assets by the corresponding amount, and a current account deficit does ... account because goods and services are generally consumed in the current period. ref name .... Positive net sales abroad generally contributes to a current account surplus negative net sales abroad generally contributes to a current account deficit . Because exports generate positive net sales, and because the trade balance is typically the largest component of the current account, a current account surplus is usually associated with positive net exports. This however is not always the case ... 4 June 2005 work Sydney Morning Herald accessdate 24 May 2010 ref The net factor income or income account, a sub account of the current account, is usually presented under the headings income payments ... made abroad note investments are recorded in the capital account but income from investments is recorded in the current account but also to the money sent by individuals working abroad, known as remittances , to their families back home. If the income account is negative, the country is paying more than it is taking in interest, dividends, etc. The various subcategories in the income account are linked to specific respective subcategories in the capital account, as income is often composed ... more details
titled Record Profits Mean Record Taxes, Investor s Business Daily said that regular income taxes already take into account the high profits, and that there s no need to do anything extra to tax ...Globalize USA date October 2008 Taxation A windfall profits tax is a higher tax rate on Profit accounting profits that ensue from a sudden windfall gain to a particular company or industry . United Kingdom In the United Kingdom , the Windfall Tax United Kingdom Windfall Tax was a tax levied on privatised utility companies. United States In 1980, the United States enacted the Crude Oil Windfall Profit Tax Act P.L. 96 223 as part of a compromise between the Carter Administration and the Congress over ... its name, the crude oil windfall profit tax... was not a tax on profits. It was an excise tax ... and profits as a result of the deregulation of price controls to allow domestic oil to reset to world ... to tax windfall profits of crude oil producers were introduced in the 110th United States Congress ... to higher windfall profits. Norway similarly imposed, as of 2009, a ground rent tax on hydro electric ... from Exxon alone. On those outlandish 2006 profits, the company paid federal income taxes of 27.9 ... taxes. ref http www.ibdeditorials.com IBDArticles.aspx?id 287712499994936 Record Profits Mean Record ... windfall tax surcharge. Yet if its profits are at record highs, its tax bills are already at record highs too... Exxon s profit margin stood at 10 for 2007... If that s what constitutes windfall profits ... based oil company whose profits grew by more than 10 in a single year... This suggests that a windfall is defined by profits growing too fast.... But if 10 is the new standard, the tech industry is going to have to rethink its growth arc... General Electric profits by investing in the alternativeenergy ... deals strictly with oil and gas and therefore has profits solely derived from oil and gas. Due ... Reflist DEFAULTSORT Windfall Profits Tax Category Corporate taxation Category Corporate taxation ... more details
A correspondent account is an account often called a nostro and vostro accounts nostro or vostro account established by a large banking institution to receive deposits from, make payments on behalf of, or handle other financial transaction s for smaller financial institutions. References s USA PATRIOT Act Title III Sec. 311. Special measures for jurisdictions, financial institutions, or international transactions of primary money laundering concern. Title III, Section 311 e 1 B , USA PATRIOT Act usc clause 31 5318A e 1 B references Category Banking terms and equipment Finance stub ja pt Conta correspondente ru ... more details
Banking A transactional account is a deposit account held at a bank or other financial institution , for the purpose ... of times, subject to availability of funds. Name A transactional account is known as a checking account or chequing account in North America , ref U.S. and Canadian spelling, respectively see further at Cheque Etymology and spelling Etymology and spelling . ref and as a current account or cheque account in the United Kingdom , Hong Kong and some other countries. Because money is available on demand it is also sometimes known as a demand account or demand deposit account DDA , except in the case of NOW Account NOW accounts in the U.S., which are technically distinct. History In Holland in the early ... an account against which they could write checks. In the eighteenth century in England, preprinted ... account allows the account holder to make or receive payments by ATM card s withdraw ... authorized debit Electronic funds transfer s transfer funds electronically to another account giro funds ... account to account transfer. Online banking transfer funds directly to another person via ... is the traditional mode of payment for a transactional account. Certain modes of payment are country ... feature of a chequing account. An account holder may either apply for a permanent one, or the financial ... creating an account type such as a Negotiable Order of Withdrawal account NOW account which is legally not a demand deposit account or by offering interest paying chequing through a bank which is not a member .... This counter traditional trend banks had typically established minimum account balances rather than maximum account balances developed as a way to allow financial institutions to attract multiple customer relationships while limiting the interest expense associated with each account. The first maximum balance, high interest chequing account was offered in 2003 by a small community bank in New ... for customers who adopt specific cost savings behaviors, as a Reward Checking account. Other imitators ... more details
Infobox Book See Wikipedia WikiProject Novels or Wikipedia WikiProject Books name An Account of Capers title orig translator image File Account capers.jpg 200px image caption author Bruce Marshall illustrator cover artist country Scotland language English language English series genre Novel publisher Houghton Mifflin pub date 1988 english pub date media type Print Hardback pages isbn N A preceded by A Foot in the Grave 1987 followed by None An Account of Capers is a novel by Scottish writer Bruce Marshall . His last book, it was published List of works published posthumously posthumously in 1988. Plot summary Set against the background of an Italy poised on the brink of war with Ethiopian Empire Abyssinia in 1935, the story focuses on chartered accountant Arthur Waters. He is sent to Milan to audit the books of an Italian firm. His seemingly straightforward mission becomes somewhat hampered when he becomes involved with the beautiful Emma and the treacherous Bazzini. But his problems really begin when he is mistaken for a British spy and prevented from leaving the country. ref Marshall, B An Account of Capers Houghton Mifflin 1988. ref References reflist BruceMarshall DEFAULTSORT Account of Capers Category 1988 novels Category Novels by Bruce Marshall Category Posthumous novels Category Novels set in Italy Category 1935 in fiction 1980s novel stub ... more details
A Google Account is a user account that provides access to Google owned services such as Blogger service Blogger , YouTube , and Google Groups . A Google Account sign up automatically creates a Gmail email account where as before Google Accounts could be email addresses other than Gmail . Citation needed date February 2012 An account can be created by signing up for an email address with Gmail , but there are other ways. Accounts in EU countries used to employ the googlemail.com domain because Google did not own the trademark. ref cite news url http www.theregister.co.uk 2007 01 31 google looses trademark battle title Google loses European GMail trademark battle publisher The Register first Jan ... ref or by using an existing address from another provider. Applications After a Google Account is created, users can add other Google applications. Account settings are stored in one place, but many applications may store their own settings. Applications that may be accessed using a Google Account ... Google Account if they wish to continue to log into that service. ref name cite web url http youtube ... 05 ref Users with a Google account can create a publicly accessible Google profile , which they can ... sites, as well as user blog s. Blocking accounts Google may block an account for various reasons ... title Gmail Help Section ref or entering an age not old enough to own a Google account. ref cite web url http www.google.com support accounts bin answer.py?hl en&answer 1333913 title Google account help ... bin answer.py?hl en&answer 1333913 title Google account help page ref Security Google accounts can ... Official website https accounts.google.com Google Inc. Category Google Account Category Federated identity ar be x old Google Accounts de Google Profile fr Compte Google id Google Account ka Google Account hu Google Fi k no Google konto pl Konto Google pt Google Account ru Google Accounts diq Google Account zh Google ... more details
Citation style date February 2011 Under United States law, account stated is a statement between a creditor ... transactions that a particular amount is owed to the creditor as of a certain date. Often the account ... ref An account stated may also be established when the debtor retains the statement of account ... section 26 West 2007 . ref An account stated is in the nature of a kind of settlement between the parties ... the math within a specified period of time, otherwise the account as between the parties is thus stated ... and historic context of account stated as follows quote Persons who carry on business with each other often have a series of transactions constituting an open running account with various items of debit ... by the presentation of drafts or statements of account. ref Corbin, 1303 at 234. ref Elements The elements of account stated are 1 prior Financial transaction transactions between the parties which ... Am. Jur. 2d Accounts & Accounting section 26 West 2007 . ref When a creditor Lawsuit sues for account ... pay, which on its surface is less complicated than claiming a debt is due and payable. An account ... on the state. In other states, such as Washington state , account stated is generally asserted ... 1938 . Courts in those states characterize account stated as being merely a defense or a doctrine that prevents ... by the parties. An account stated has been defined as an agreement between parties who have had previous transactions that the account representing those transactions is true and that the balance stated ... v. Olsen, 189 Ill.App.3d 508, 514, 545 N.E.2d 379 1st Dist. 1989 . ref An account stated is merely ... Nevertheless, even where account stated is recognized as a cause of action in and of itself, defenses such as fraud or mistake may still be asserted to the account stated, as with any settlement of parties to complex transactions. In situations where no account has been proven as stated, or where ... and rendition of account must be proved. T he rule that an account rendered and not objected to within ... more details
Refimprove date February 2011 The term demat , in India , refers to a dematerialised account for individual ..., as required for investor s by the Securities and Exchange Board of India SEBI . In a demat account ... possession of certificates. A demat account is opened by the investor while registering with an investment broker or sub broker . The demat account number is quoted for all transactions to enable electronic settlements of trades to take place. Access to the demat account requires an internet password .... Purchases and sales of securities on the demat account are automatically made once transactions are confirmed and completed. Advantages of demat A demat account also helps avoid problems typically ... with forgery and loss due to damaged stock certificates . Demat account holders also avoid ... account holders usually obtain quicker receipts of benefits like stock splits and bonuses. The other ... one centralized investment account from where you can access and maintain investment products. Indian ... the need for notifying companies. Automatic credit into demat account for shares arising out of bonus split, consolidation merger, etc. A single demat account can hold investments in both Equity ... account of the investor. Demat options There are many hundreds of Depository participant Depository Participants DPs offering the Demat account facility in India as of September 2011. A comparison ... a bank as a DP. Having a Demat account with a bank DP, usually provides quick processing, accessibility ... the Demat account with shares in case of purchase, or credit a savings account with the proceeds of a sale ... banks give the option of opening a demat account in any branch, while others restrict themselves to a select set of branches. Some private banks also provide online access to the demat account. Hence ... these services. Fees involved There are four major charges usually levied on a demat accountaccount opening fee, annual maintenance fee, custodian fee and transaction fee. Charges for all fees ... more details
An error account is a type of account used for storing compensation for errors in trading, a transaction that is not posted in a timely manner because of inconsistencies, such as an incorrect account or routing numbers to the wrong name on the account, producing a claim that needs to be resolved as soon as possible so payments can be made. Transaction processing When many hundreds or thousands of transactions are being done each day, and whenever there is human input involved, error accounts are necessary to keep the audit trail intact. Error accounts also play a role in improving customer service . GAAP recommends daily or weekly monitoring of error accounts depending on volume and transaction size. It is typically up to the company or applicable government department s accounting department to monitor the error accounts that it has in place. Error accounts, if not monitored correctly, can lead to disaster as in Nick Leeson s use of an error account at Barings Bank . ref cite news url http news.bbc.co.uk 2 hi business 375259.stm work BBC News title How Leeson broke the bank date 1999 06 22 accessdate 2010 05 02 ref Error accounts can be implemented in manual accounting as well, but this is much less common in the developed world since personal computers became pervasive. See also Generally Accepted Accounting Principles International Financial Reporting Standards International Accounting Standards Board Center for Audit Quality Transaction processing References nofootnotes date March 2009 references http dictionary.bnet.com definition error account.html cite web title error account definition Dictionary MSN Encarta BOT GENERATED TITLE url http encarta.msn.com dictionary 561538588 error account.html work archiveurl http www.webcitation.org 5kwbute2u archivedate 2009 10 31 deadurl yes http jobfunctions.bnet.com abstract.aspx?docid 147896 http www.acpsec.org en secretariat Dr Kathie Cooper.ppt Forensic Accounting use of Error Accounts http www.sciencedirect.com science ... more details
wiktionary redirect Appendix Internet slang Short pages monitor This long comment was added to the page to prevent it being listed on Special Shortpages. It and the accompanying monitoring template were generated via Template Longcomment. Please do not remove the monitor template without removing the comment as well. DEFAULTSORT Account Suicide Category Internet slang ... more details
A concentration account is a sole account used for the internal purposes of a financial institution to facilitate the processing and settlement finance settlement of multiple or individual customer Financial transaction transactions within the institution, usually on the same day. ref http webdigg.net Concentration Concentration account Expanded Overview Concentration Accounts , Federal Financial Institutions Examination Council FFIEC Bank Secrecy Act BSA Anti Money Laundering AML Examination Manual ref Such accounts can lead to the concealment by financial institutions of transactions made by customers. However section 325 of USA PATRIOT Act, Title III Title III of the USA PATRIOT Act banned their use for such purposes by prohibiting financial institutions from allowing clients to direct transactions that move their funds into, out of, or through the concentration accounts of the financial institution and prohibit the financial institutions from informing clients about the existence of such accounts and disallows any disclosure that may allow a customer a way of identifying such accounts that the financial institution may use. Section 325 also requires that financial institutions document and follow methods of identifying where the funds are for each customer in a concentration account that comingles funds belonging to one or more customers. References references Category Banking bank stub ... more details
Infobox title Microsoft Account image1 File WLIDLogo.PNG 64px Windows Live ID logo image2 File Winlivesignin.png 300px A screenshot of Windows Live ID Sign in page caption2 An example of a Microsoft Account ... Owner data3 Microsoft Microsoft Account previously Microsoft Wallet ref name WALLET http support.microsoft.com ... s using one account. The service is commonly referred to as MSN , because many services incorporating the Microsoft account are or were previously branded with the MSN brand. Overview Microsoft account ... credentials are not checked by Microsoft account enabled websites, but by a Microsoft account authentication server. A new user signing into a Microsoft account enabled website is first redirected ... tag that previously has been agreed upon between the authentication server and the Microsoft account ... account, these cookies will be removed. Microsoft account offers a user two different methods for creating an account Use an existing e mail address Users are able to use their own valid e mail address to sign up for a Microsoft account. The service turns the requesting user s e mail address ... Users can also sign up for an e mail account with a Windows Live designated domain i.e. hotmail.com and live.com, or any variant for a specific country that can be used as a Microsoft account to sign in to other Microsoft account enabled websites. Microsoft sites, services, and properties such as Windows Live , MSN , Xbox LIVE , Zune , Windows Phone , and Windows 8 use Microsoft account as a mean ... which is hosted by NineMSN . Windows XP and later has an option to link a Windows user account with a Microsoft account, thus automatically logging users into Microsoft account whenever a service is accessed ... account, rather than a local or domain user. Web authentication On August 15, 2007, Microsoft released ... account owners can enable integration with Windows CardSpace a component of the .NET Framework versions ... Live ID. This CardSpace identity then becomes the alternate login credentials for that account ... more details
Accounting Accounting is a systematic way to record transactions. An Account in bookkeeping refers to assets , Liability financial accounting liabilities , income , expenses , and Equity finance equity , as represented by individual ledger pages, to which changes in value are chronologically recorded with debits and credits debit and credit entries. These entries, referred to as postings, become part ... Edition ISBN 0 8120 9035 7 page 3 ref Types of accounts Based on nature An account may be classified as real, personal or as a nominal account class wikitable Type Represent Examples Real Physically ... of accounts at the end Sales, Purchases, Electricity Charges Example A sales account is opened for recording ... to the revenue statement account Profit and Loss Account or Income and Expenditure Account ..., which are also transferred to the revenue statement account. The net positive or negative balance profit or loss of the revenue statement account is transferred to reserves or capital account as the case ... on account of the Entity concept , since for the objective analysis of the financial results ... The account is the basic and central accounting and payment services. The account book is the representation .... Each account is set for a title that refers to the element that represents a numeric code that identifies and value thereof, graphically represented as a T, which contains annotations or account ... have no other meaning than the mere physical situation indicate in the account. There are two account types equity and management. Equity accounts appear in the Balance and can be part of the asset ... income and expense and will appear in the Profit and Loss Account. Regardless of whether the accounts ... account of assets or liabilities can reverse the above logic, such as Bad Debt Allowance for Obsolete ... accounts in the accounts management. A very common type of account are current accounts, these are accounts ... or creditor. References reflist DEFAULTSORT Account Accountancy Category Accounting terminology ca ... more details
Refimprove date April 2007 A managed account is a fee based investment management product for high net worth individual s. Managed accounts started as separately managed account s SMAs and have since evolved into multiple strategy accounts MSAs and the rapidly emerging unified managed account s UMAs . The appeal of managed accounts is the access to professional money managers, a high degree of customization and greater tax efficiencies in a fee based product. There is also broad agreement that managed accounts provide the added benefits of greater transparency, liquidity and control. ref cite web url http www.opalesque.com fullarticle 57546 managed 20accounts Due Diligence Due diligence on931.html title Managed accounts provide benefits such as greater transparency, liquidity and control date 8 March 2010 author Opalesque ref They are not to be confused with managed bank accounts, a consumer banking product in the UK. ref cite web url http www.thinkmoney.com banking title Managed bank accounts date 11 March 2010 author Think Banking ref Managed account minimums and the cost to operate managed account programs have steadily dropped as technology helps with efficiency and scale. Increasingly, managed account products are seeing interest from the mass affluent as well. The retail managed accounts industry was sized at 1.70 trillion in 3Q 2009. ref http www.cerulli.com Cerulli Associates ref Investment managers offering SMAs include Harris, Merrill Lynch , MFS , Bank of America, Wachovia Securities, Lord Abbett , http www.deltafins invest.com en managed accounts.html Deltafins Investments Inc. , and Parametric. A handful of firms provide outsourcing services for managed account middle office and back office operations. The technology platform for managed accounts is dominated by Security APL, a 1990s legacy technology from Jersey City, New Jersey based http www.checkfree cis.com ... . References reflist Category Banking Category Investment fr Managed account ... more details
The Mzansi Account is a low income transactional banking account that was developed in line with the commitments of South Africa s Financial Sector Charter . The Financial Sector Charter requires banks to make banking more accessible to the nation and, specifically, to increase banking reach to all communities. The Mzansi Account is the result of the major South African banks working collectively to provide a standard for new bank accounts, which is affordable, readily available and suits the specific needs of the previously unbanked communities. Each bank has established its own pricing competitively. The collaboration between the banks has allowed Mzansi account holders to make use of any of the participating banks ATMs at no additional cost effectively creating a network of over ten thousand ATMs across the country and extending the banking platform to the greater community. This is augmented by point of sale functionality available at retailers. The Mzansi Account is issued by the following South African banks Absa Group Limited First National Bank South Africa FNB Nedcor Standard Bank Postbank South Africa Postbank By August 2006 3.3 million Mzansi Accounts had been opened across the 5 issuing banks. References http www.banking.org.za documents 2004 OCTOBER MzansiAccount.asp Mzansi will put Full Service Banking with 15km of the Vast Majority of South Africans , Banking Association Media Release , 15 October 2004. Accessed July 2007. http www.sagoodnews.co.za general 3 3m mzansi accounts in 18 months.html 3,3m Mzansi accounts in 18 months , South Africa The Good News , 30 August 2006. Accessed October 2007. External links http www.banking.org.za Banking Association South Africa website http www.fscharter.co.za Financial Sector Charter Council website Category Economy of South Africa ... more details
unreferenced date September 2010 Infobox Hollywood cartoon cartoon name Suspense Account series Pink Panther ? image caption director Isadore Freleng story artist John W. Dunn animator John W. Dunn animator layout artist background artist voice actor musician Henry Mancini producer David H. DePatie br Isadore Freleng studio DePatie Freleng Enterprises distributor release date Produced in 1964, never released color process DeLuxe Color runtime preceded by None followed by The Pink Phink movie language English language English Suspense Account was the pilot short for the Pink Panther series and only was shown once to United Artists by David DePatie and Friz Freleng in 1964 and it was never released to theatres. It is considered a lost film , but its existence is questionable, with some suggesting that it was only a storyboard for an unproduced Pink Panther entry. External links http www.imdb.com title tt0152705 Suspense Account at IMDB Category The Pink Panther Category Lost films Category Unreleased films Category Films directed by Friz Freleng Category Article Feedback 5 ... more details
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