Investment Or Deposit Account
Definition
Investment Or Deposit Account. An account associated with a product or service that requires the account holder to provide funds for management by the account provider
The account holder may or may not be entitled to consideration in exchange for providing such funds, for example, interest, depending on the type of account and the terms and conditions associated with it. Also, there may be fees associated with management services provided by the account provider.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
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