FT MarketWatch

Inactive account

A bank or brokerage Account in which there have not been any transactions for an extended period of time. Brokerage accounts are often charged a fee if there is not enough Activity. In some extreme cases, the accounts assets may be turned over to the state.

Related Terms: 8 Account, Asset, Action, Activity, Broker, Brokerage, Charge, Transaction
Other Related Pages: Category: Brokerages Starting With: I
Additional Related Terms: 10-K, Account, Accounts receivable, Accounts receivable aging, Accounts receivable turnover, Account statement, Active asset, Allowance for depreciation, Alternative assets, Asset