Cash Account

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Dictionary Says

Definition of '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.
Investopedia Says

Investopedia explains 'Cash Account'

This is the basic, plain vanilla account where you deposit cash to buy stocks, bonds, mutual funds, etc.

Related Definitions

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    Cash

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    The Federal Reserve Board regulation that governs customer cash accounts and the amount of credit that brokerage firms and dealers may extend to customers for the purchase of securities.
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