What is the meaning of Cash Account?

Cash Account is a brokerage account in which securities purchases are paid in full within three business days after the trade is executed. By law, some types of accounts such as Individual Retirement Accounts and Custodian for Minor accounts must be cash accounts. See also: Margin Account.

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APABarry Goldsmith. (2010). cash account. Retrieved September 29, 2026, from http://smartdefine.org/cash_account/definitions/1149494
ChicagoBarry Goldsmith. 2010. "cash account" http://smartdefine.org/cash_account/definitions/1149494 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, cash account, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/cash_account/definitions/1149494>.
MLABarry Goldsmith. "cash account" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/cash_account/definitions/1149494>
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