financial account

Bank balance tracker

A financial account is a formal arrangement with a bank, brokerage, or other institution that tracks money or assets belonging to you.

Checking accounts, savings accounts, retirement accounts, and investment accounts are all financial accounts.

The term also appears in economics to describe international capital flows: The financial account tracks foreign investment in domestic assets.

Related

withdrawal · statement · ledger · bank · credit · debit · interest · transaction · funds · money · portfolio · investment · assets · budget · overdraft · overdraft fee · routing · wire

Categories
Opposites
form of money/value holding

financial accountcash in hand

Physical currency possessed now

hard currency · cash on the barrelhead · buried treasure · petty cash · paper money

formality of financial arrangement

financial accountshadow economy

Unrecorded commercial activity

mattress money · cash economy · barter

asset vs. liability structure

financial accountfinancial liability

Owed monetary obligation

debt · financial obligation · accounts payable · outstanding debt · money owed

Family

financial, finance, finances, financed, financing, financier, financiers, financially, account

Familiarity
Top 500,000
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Used worldwide · Timeless · Rated G