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Tax and loan account

The financial definition for Tax and loan account:

An account at a private bank, held in the name of the district Federal Reserve Bank, which holds operating cash for the business of the US Treasury.




Similar Matches

Account Ad Valorem Duty

Account Ad Valorem Duty
An imported merchandise tax expressed as a percentage.


Account balance

Account balance
Credits minus debits at the end of a reporting period.


Account executive

Account executive
The brokerage firm employee who handles stock orders for clients. See: Broker.


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Account Party
Account reconciliation
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Accounting earnings
Accounting insolvency
Accounting liquidity
Accounts payable


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Tax and loan account
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