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divided account

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Financial Dictionary

divided account

The account of an underwriting syndicate when sales and liability are apportioned individually rather than shared jointly. Compare undivided account.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Malibu Bookkeeping
Flate Rate Full Service Bookkeeping Contact Us Today
www.MalibuBookkeeping.com
John D Stoller CPA
Indiv & Small Business Accountant All Tax Matters Resolved
www.stollercpa.com
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