Account

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Updated: Aug 20, 2021

1. A record of financial transactions in the form of stocks or flows.

2. The period in which Stock Exchange transactions take place and after the end of which settle-ment must be made. Up to the end of an account, transactions are made without payment and account dates are thus of vital importance to speculators. There are twenty-four account periods in a year, two of them extending to three weeks, the rest being a fortnight in duration.

Reference: The Penguin Dictionary of Economics, 3rd edt.



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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.