Home >  Term: passive account
passive account

A bank account in which no transactions have taken place, neither deposits nor withdrawals, for a specificed period of time (normally six months).

0 0
  • Part of Speech: noun
  • Industry/Domain: Software
  • Category: ERP
  • Company: SAP

Creator

  • Kristen
  •  (Silver) 643 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.