TRUST ACCOUNT is a separate bank account, segregated from a broker's own funds, in which the broker is required by state law to deposit all monies collected for clients; in some states called an ESCROW ACCOUNT.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). trust account. Retrieved September 29, 2026, from http://smartdefine.org/trust_account/definitions/1165650 |
| Chicago | Barry Goldsmith. 2010. "trust account" http://smartdefine.org/trust_account/definitions/1165650 (accessed September 29, 2026). |
| Harvard | Barry Goldsmith 2010, trust account, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/trust_account/definitions/1165650>. |
| MLA | Barry Goldsmith. "trust account" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/trust_account/definitions/1165650> |