cash account - definition of cash account - A brokerage account in which the customer is required by Regulation T to pay the full amount due by the settlement date for securities ...
Cash Account - Definition of Cash Account on Investopedia - A regular brokerage account in which the customer is required by Regulation T to pay for securities within two days of ...
A brokerage account requiring that cash payments on purchases and deliveries on sales be made promptly. (Settlement is officially five business days after the transaction date.