open an account


open an account
set up an account (in a bank, store, etc.)

English contemporary dictionary. 2014.

Look at other dictionaries:

  • open an account — ► BANKING to enter into an agreement with a bank or other financial organization so that they look after your money: »Open an internet savings account before the end of March and get a free mobile phone. Main Entry: ↑open …   Financial and business terms

  • open running account — An account based upon a connected series of transactions, without break or interruption. Riffith v Portlock, 233 Iowa 492, 7 NW2d 199. See open account; running account …   Ballentine's law dictionary

  • open current account — See open and current account …   Ballentine's law dictionary

  • open an account with — index deal Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • System Open Market Account - SOMA — An account that is managed by the Federal Reserve Bank, containing assets acquired through operations in the open market. The assets in the System Open Market Account (SOMA) serve as a management tool for the Federal Reserve s assets, a store of… …   Investment dictionary

  • Federal Reserve System Open Market Account — The Federal Reserve System Open Market Account(SOMA) is one of monetary policy tool used by Federal Reserve System. It consists of the Federal Reserve s domestic and foreign portfolios. The SOMA domestic portfolio consists of U.S. Treasury… …   Wikipedia

  • Open market operations — (also known as OMO) is the buying and selling of government bonds on the open market by a central bank. It is the primary means of implementing monetary policy by a central bank. The usual aim of open market operations is to control the short… …   Wikipedia

  • OPEN — Period (OPEN) The period that defines when the trading service is opened. London Stock Exchange Glossary * * * ▪ I. open open 1 [ˈəʊpən ǁ ˈoʊ ] adjective [not before a noun] 1. COMMERCE if a shop, bank, restaurant etc is open, it is allowing… …   Financial and business terms

  • account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you …   Financial and business terms

  • open — 1) The first price of the day for a contract on a securities or futures exchange. Futures exchanges post opening ranges for daily trading. Due to the fast moving operation of futures markets, this range of closely related prices allows market… …   Financial and business terms


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