Tracker Account Financial Glossary

What is it? A savings account with an interest rate that tracks changes in general interest rates.

Finance Term Definition Added By: Jason

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Other Similar Finance Terms:

Financial Term Multiple Party Account is Account owned by two or more parties. Parties own the account during the lifetime of all parties in proportion to their net contributions, unless there is clear and convincing evidence of a different intent.

Financial Term Debit is A dollar amount that appears on the left-hand side of an account ledger. Use debit to record an increase in an asset or a decrease in a liability or in owners equity.

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