cash account

noun
1.
an account in which all transactions are in money.
2.
Finance. an account in which purchases are paid for in full, as distinguished from purchasing on credit or margin.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To cash account
Example sentences
In a cash account, an investor must pay for the purchase of a security before
  selling it.
To record the establishment of or an increase in a treasury or treasury trust
  petty cash account.
Keep in mind that debits increase cash and credits reduce the cash balance in
  the escrow cash account.
If you purchase a security in a cash account, you must pay for it before you
  can sell it.
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