buffer account definition

buffer account means a collection of carbon credits set aside to compensate for reversals in carbon projects;
buffer account means each buffer account opened by Velocity Trade with a Hedging Counterparty for the purposes of providing a buffer or margin in relation to the Hedging Arrangements;

Related to buffer account

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.