Securities Account
/ˈsɪkjʊərɪtiz əˈkaʊnt/
Definitions
- (n.) A financial account used to hold and manage securities, such as stocks, bonds, or other financial instruments, on behalf of the account holder.
She opened a securities account to trade government bonds.
Forms
- securities account
- securities accounts
Related terms
See also
Commentary
The term is primarily used in the context of custody and trading of securities; it denotes the legal relationship whereby the holder has rights to the securities reflected in the account.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.