House Account definition

House Account means an account owned by a Fund Manager or any of its connected persons over which it can exercise control and influence.

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House Account means the account established by the Club in the name of a member that records the amount of the member’s Prepaid Minimum Spend, the value of services provided by the Club for the member, and the member’s payments for those services.

House Account means any account other than a Client Account. “House Trade” means any Trade other than a Client Trade.

Examples of House Account in a sentence

Deposits must be made on the CC&G securities accounts, opened at Monte Titoli on request of the Clearing Member in relation to one or more of the following accounts opened in the CC&G system: - House Account; - MOA account; - ISA account; - AOA account; - NOSA account; - ▇▇▇▇ account.
In the event AOS notifies the Distributor that AOS has designated a Customer of the Distributor as a new House Account, such Customer will become a House Account effective Ninety (90) days following such notice.
At AOS’s sole discretion, AOS may compensate the Distributor for extraordinary sales and distribution efforts rendered prior to the designation of the new House Account.
Subject to the terms and conditions of this Agreement, AOS appoints the Distributor, and the Distributor hereby accepts such appointment, as AOS’S non-exclusive authorized distributor for sale of the Products to the Customers (other than House Account) in the Territory (as these terms are defined in Section 1.8, above).
Any commissions received after the termination date will be retained by us and will not be credited to your Saunderson House Account.

More Definitions of House Account

House Account means a member transactional account.

House Account means a charge account with signing authority for use by certain Members that is administered in accordance with these Bylaws and Club Policies;

House Account means the house account of the holder of an auction floor licence;

House Account means a Clearing Account for the tracking and booking of Single Contracts of the Member’s own transactions.

House Account means an Account in the books and records of LME Clear established in accordance with Rule 4.2.1; "Identified Client" has the meaning set out in Rule 5.1.5; “Immobilised Warrant” has the meaning set out in the LMEsword Regulations; "Independent Complaints Commissioner" has the meaning set out in Membership Procedure A; "Indirect Clearing Arrangement" means an "indirect clearing arrangement" within the meaning of the Indirect Clearing Regulations; "Indirect Clearing Regulations" means the EMIR Level 2 (Indirect Clearing) Regulation or the MiFID II Level 2 (Indirect Clearing) Regulation, as applicable, and any successor legislation amending or incorporating the requirements thereto in any relevant jurisdiction from time to time; "Indirect Client" means the client of a Clearing Client1; "Indirect Gross Omnibus Segregated Client Account" an Individual Segregated Client Account that records Contracts and their associated Collateral and Positions Registered by a Member in respect of one or more Indirect Clients, where such Indirect Clients are the clients of a single Clearing Client of the Member and having the features described in Rule 4.2.6; "Indirect Individual Segregated Client Account" means an Individual Segregated Client Account that records Contracts and their associated Collateral and Positions Registered by a Member in respect of a single Indirect Client, where such Indirect Client is the client of a single Clearing Client of the Member; "Indirect Net Omnibus Segregated Client Account" means an Omnibus Segregated Client Account having the features described in Rule 4.2.3(c); "Individual Clearing Member" (or "ICM") has the meaning set out in Rule 3.1.3; "Individual Segregated Client Account" means a Client Account established in accordance with Rule 4.2.2(b); "Initial Margin Requirement" has the meaning set out in Clearing Procedure C3.1; "Instrument" has the meaning set out in Clearing Procedure A5;

House Account means an account operated by a Market Participant for principal Dealing only. It excludes Dealings by the Market Participant on behalf of a Corporation related to the Market Participant or another division within that Market Participant’s Corporation which is separate from its futures division.

House Account or “Firm Account" - means the account or accounts required to be established for proprietary Exchange Transactions of a Clearing Participant.