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Quiz: Remember the definition of mal de mer?
an account in which all transactions are in money.
an account in which purchases are paid for in full, as distinguished from purchasing on credit or margin.
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for
, 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
Keep in mind that debits increase cash and credits reduce the cash balance in the escrow
If you purchase a security in a
, you must pay for it before you can sell it.
The cash distribution entry represents the actual cash payment and the reduction to the
If you return an item that you bought with your
, the amount of cash is refunded to you, not the account.
balance changes daily, it should not have been included.
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