Judicial remedies An account of profits sometimes referred to as an accounting for profits or simply an accounting is a type of equitable remedy most commonly used in cases of breach of fiduciary duty. ref Black s Law Dictionary , 7th ed. 1999 ref It is an action taken against a defendant to recover the profit accounting profit s taken as a result of the breach of duty, in order to prevent unjust enrichment . In conducting an account of profits, the plaintiff is treated as if they were conducting the business of the defendant, and made those profits which were attributable to the defendant s wrongful actions. This can be rather complex in practice, because the defendant s accounting records must be examined sometimes by a forensic accountant to determine what portion of his gross profits were derived to the wrongful act in question. ref http www.mondaq.com article.asp?articleid 44776 Leigh Ellis, Theory into Action Calculating Damages Payments and Accounts of Profits in Patent Cases ref Historically an account was not an equitable remedy, but was an action at common law, and is therefore technically an instrument of law, though it arose at a time before the distinction between law and equity was marked. ref National Trust Co. v. H & R Block Canada Inc., 2003 SCC 66. ref Co owners in concurrent estate s also have the right to an accounting of profits, in order to properly apportion ... the extent of an account of profits ref Hospital Products Ltd. v United States Surgical Corporation ref To account not of the entire business but of the particular benefits which flowed to him in breach of his duty To account for the entire business and its profits, due allowance being made for the time ... into Action Calculating Damages Payments and Accounts of Profits in Patent Cases Article discussing accounts of profits in the context of patent infringement under United Kingdom law . mirror of referenced article DEFAULTSORT Account Of Profits Category Judicial remedies Category Equity law term ... more details
selfref For information on user accounts at Wikipedia, see Wikipedia Why create an account? wiktionary accountAccount may refer to An account accountancy in accounting Accounts at banks and or other financial institutions. Deposit account Personal account Sweep account Transactional account User computing User account The means by which a user can access a computer system , or used on e mail addresses Accounts is a British term for financial statements . disambig cs et rozcestn k da Konto de Conta gl Conta id Akun nl Account pl Konto pt Conta ru simple Account sk et sh Ra un uk ... more details
A with profits policy Commonwealth of Nations Commonwealth or participating policy United States U.S. is an insurance contract that participates in the Profit accounting profits of a life insurance company ... its with profits product line. Similar arrangements are found in other countries such as those in continental Europe. With profits policies evolved over many years. Originally they developed as a means ... strength, historic returns and the terms of the contracts offered. The premiums paid by with profits ... account USA . The company uses the pooled assets to pay out claims. A large part of the life .... The insurance company aims to distribute part of its profit to the with profits policy holders in the form .... Types of policies There are two main categories of with profits policies Single premium contracts ... policies , pension policies. Conventional and unitised Conventional with profits contracts have .... The basic sum assured attracts reversionary bonuses which are used to distribute profits to the policy ..., a final bonus may be added to reflect the policy s share of profits which have not yet been distributed. Unitised with profits policies work in a similar way except that the policy value is represented ... of the policy. Unitised with profits policies were introduced as a response to competition from unit ... in with profits policies being unitised rather than conventional. The conventional policies have an element ... fund rather than participating in the full profit of the life company. Smoothing With profits funds employ the concept of smoothing . That is, a proportion of the profits earned during good years ... fund. . Perceived risk and actual risk For many years with profits policies were seen as a safe alternative to deposit account s for many investors especially elderly investors . Years of steady ... that a low risk investor should invest in with profits. This perceived low risk belied the reality ... accurately predict future returns. Industry commentators cite this as the death knell for the with profits ... more details
Orphan date February 2009 Cleanup date April 2008 Unreferenced date April 2008 TWCleanup Undistributed Profits or retained earnings as they may be called is the portion of profits that some firms keep. These profits are usually Internal financing reinvested into the business to expand or kept to maintain dividends when profits fluctuate or for tax liabilities Social Accounting and Internatonial Trade. Category Commerce accounting stub ar ... more details
Mesne profits are sums of money paid for the occupation of land to a person with right of immediate occupation, where no permission has been given for that occupation. ref Smith, John William. An Elementary View of the Proceedings in an Action at Law. London Stevens & Sons, 1873, p. 432 433. ref ref name Farran90 Farran, Sue and Paterson, Donald. South Pacific Property Law. Florence, Ky. Routledge, 2004, p. 90. ref The concept is Feudalism feudal in origin, and common in countries which rely on the English law English legal system such as the United Kingdom and many of its former colonies . ref name Farran90 The word is derived from the root word demesne . Mesne profits commonly occur where a landlord has obtained an order from a court to Eviction evict a Tenement law tenant , or where an individual sues to eject a bona fide landowner to whom Title property title to Possession law land was improperly Conveyancing conveyed . The mesne profit represents the value living rent free, profits earned from the land, etc. the ejected tenant received from the property between the time the court ordered the eviction and the time when the tenant actually left the property. Mesne profits must be drawn from the land itself, ref name Farran90 rather than improvements on it. For example, mesne profits may accrue from growing crops on land but would not generally accrue from a factory built on the land unless there were damage to the land or improvements to the land itself such as the removal of stone from a field . ref Corpus Juris Secundum A Complete Restatement of the Entire American Law ... of the Proceedings in an Action at Law, 1873, p. 433. ref Calculating mesne profits is often regulated by legislatures, but may be litigated in a court of equity . Mesne profits may be calculated, even ... Wis.1883 . ref In the United States, laws regulating mesne profits have been the subject of Supreme ... Housing tenure References reflist DEFAULTSORT Mesne Profits Category Profit Category Real property ... more details
Infobox Album See Wikipedia WikiProject Albums Name Future Profits Type album Artist Blood of Abraham Cover Future Profits.jpg Released November 16, 1993 Recorded 1993 Genre Alternative Rap br Hardcore rap br Gangsta rap br West Coast Rap Length Label Ruthless Records br Relativity Records Producer Eazy E small Executive producer Music exec. small br Epic Mazur br Bilal Bashir Reviews Allmusic Rating 2.5 5 Allmusic class album id r251700 pure url yes Link Last album This album Future Profits br 1993 Next album Eyedollartree br 2000 Future Profits is the debut album by rap duo, Blood of Abraham . The album was released on November 16, 1993 for Ruthless Records Relativity Records and was produced by Eazy E , Epic Mazur and Bilal Bashir . Future Profits was a commercial and critical failure and did not make it to the billboard charts, two singles Stabbed By The Steeple and Life , were released but they also did not make it on the charts. Tracklisting Future Profits Intro This Great Land Devours Southern Comfort Stick To Your Own Kind That Ol Dupree Shit I m Not The Man Father Of Many Nations Devils Get No Dap 3 2 1 Contact Stabbed By The Steeple Another Nail In The Coffin Life Niggaz And Jewz Some Say Kikes feat. Eazy E , will.i.am Will 1 X Loose Interpretation Of The End Outro Category Blood of Abraham albums Category 1993 albums Category Ruthless Records albums ... more details
Image Profitsexterm.jpg thumb 200px right The Book Cover The Profits of Extermination ISBN 1 56751 322 0 is a 2005 book written by Colombia n trade union ist and human rights activist Francisco Ram rez Cuellar , and translated into English by Aviva Chomsky . The book deals with research on multinational corporation s and paramilitary groups in Colombia. See also Revolutionary Armed Forces of Colombia Paramilitarism in Colombia Autodefensas Unidas de Colombia United Self Defence Forces of Colombia AUC Colombian Armed Conflict Military History of the FARC EP DEFAULTSORT Profits of Extermination, The Category 2005 books Category Books about globalization Category Books about United States foreign relations Category Books about Colombia poli book stub ... more details
Infobox television episode Title False Profits Series Star Trek Voyager Image File False Profits Star Trek Voyager episode.png Caption The two Ferengi prophets and Neelix as a Ferengi. Season 3 Episode 5 Airdate Start date 1996 10 02 Length Production 40840 144 Writer George A. Brozak br Joe Menosky Director Cliff Bole Producer Editor Music Photographer Guests Dan Shor as Arridor br Leslie Jordan as Kol br Michael Ensign as Bard br Rob LaBelle as Kafar Episode list List of Star Trek Voyager episodes Prev The Swarm Star Trek Voyager The Swarm Next Remember Star Trek Voyager Remember False Profits is an episode of Star Trek Voyager , the fifth episode of the third season. Plot Voyager discovers replicator technology on a pre warp planet, which is very unusual. Chakotay and Paris beam down to the planet to investigate. They discover two Ferengi who first appeared in the Star Trek The Next Generation episode The Price Star Trek The Next Generation The Price , pretending to be prophets to the native people. When the Ferengi are beamed aboard USS Voyager Star Trek USS Voyager they refuse to be returned to the Alpha Quadrant and are returned to the planet. Meanwhile a wormhole is detected and it is traced to the Alpha Quadrant. The wormhole being the same one the Ferengi had come through, years ago. This would be a shortcut home for Voyager, the only problem is that the Delta Quadrant side moves around erratically. Harry Kim and B Elanna Torres work on a way to stabilize the wormhole while Neelix, disguised as a Ferengi, travels back to the planet. He pretends to be a representative of the Ferengi ruler, the Grand Nagus and demands the two return to the Alpha Quadrant. Neelix is dismissed as a fake and the Ferengi attempt to kill him. Neelix barely survives the assault and the natives ... Generation The Price False Profits continues the story from The Price , a Star Trek The Next Generation ... although a ruse in the Star Trek universe. External links memoryalpha False Profits http www.startrek.com ... more details
Infobox Book name The Profits of Religion An Essay in Economic Interpretation title orig translator image File TheProfitsOfReligion.jpg 180px image caption 1st edition author Upton Sinclair illustrator cover artist country United States language English language English series subject Sociology genre publisher Self Pasadena, California Pasadena , California release date 1917 english release date media type Print br Reprinted 2004 by Kessinger Publishing in paperback pages isbn ISBN 1 4179 4226 6 ISBN 978 1 4179 4226 8 preceded by followed by The Profits of Religion An Essay in Economic Interpretation is a nonfiction book, first published in 1917, by the United States American novelist and muckraking journalist Upton Sinclair . It is a snapshot of the religious movements in the U.S. before its entry into World War I . The book is the first of the Dead Hand series six books Sinclair wrote on American institution s. The series also includes The Brass Check journalism , The Goose step book The Goose step higher education , The Goslings elementary and high school education , Mammonart art and Money Writes literature . The term Dead Hand ironically refers to Adam Smith s concept that allowing an invisible hand of individual self interest to shape economic relations provides the best result for society as a whole. In this book, Sinclair attacks institutionalized religion as a source of income to parasites, and the natural ally of every form of oppression and exploitation. Overview Most Clergy clergymen are hypocrites, but they are not entirely to blame. Like other men, they are victimized ... 1919 , Sinclair wrote, The Profits of Religion was practically boycotted by the capitalist press of America ... at Project Gutenberg. See quotes from The Profits of Religion at q Upton Sinclair WikiQuote Sinclair s papers for The Profits of Religion are at the http www.indiana.edu liblilly lilly mss html sinclr.html ... Profits of Religion, The Category 1917 books Category American non fiction books Category Books ... more details
of account allows meaningful interpretation of prices, costs, and profits, so that an entity can monitor ...A unit of account is a standard monetary unit of measurement of value cost of goods, services, or assets. It is one of three well known functions of money . It lends meaning to profits, losses, liability, or assets. The accounting monetary unit of account suffers from the pitfall of not being a stable unit of account over time. Inflation destroys the assumption that money is stable which is the basis of classic accountancy. In such circumstances, historical values registered in accountancy books become heterogeneous amounts measured in different units. The use of such data under traditional accounting methods without previous correction often leads to invalid results. ref http books.google.com books?id WXwfMDDYOdkC&pg PA259&lpg PA259&dq inflation destroys historical cost values&source web&ots ... of the standard unit of account. The use of money, under conditions of price stability, vastly improves the Economic efficiency efficiency of market economies . Historic examples of units of account ... one time there might be two or three units of account in one region based on the local base, silver ... all became pounds 240 denari of account. Units of account would often survive over 100 years despite ... exchange Introduction author Peter Spuffords year 1986 ref A modern unit of account is the European ... just a unit of account until the introduction of notes and coins in 2002. Unit of account is the main ... of a unit of account in financial accounting , according to the American business model, allows investors ... of account in managerial accounting enables firms to choose between activities that yield the highest profit. In economics , a standard unit of account is used for statistical purposes to describe ... would be impossible without a standard unit of account. After being compiled, these figures are often ... cost of a policy, a standard unit of account allows for the creation of a composite good . A composite ... more details
splitting functions into interacting with clients and looking out for their interests account management ... and markets and account managers who keep an overall vision of the client s interests into a role called account planning. Account planners combine research and strategic thinking. If the account manager is closest to the client, the account planner is closest to the consumer. The account planner ... of their shoes , the account planner is responsible for understanding the place of the brand in the consumer ... account planner s experience as a senior researcher at Unilever working with Unilever s marketing teams and its many successful brands. Chris Cowpe described it this way Account planning is the discipline ... Account planning is a job title that exists in most London and UK advertising agencies. Account planning ..., Stanley Pollitt felt that account managers were using information incompetently or inexpediently ... that a specially trained researcher should work with the account manager as an equal partner. After ... s business objectives. In 1968, J. Walter Thompson JWT established a new department called account ... followed by ad agency account service, creative writing and media management. These qualifications ... to the U.S. The first agency in the United States to develop an account planning department was Chiat ... over in the UK and throughout Europe. Tran, 1999 Chiat believed that account planning was crucial ... to experiment with account planning. He decided to have account planning. He knew that he had ... account planning department. Their rationale was that it would be the key to their success as well ... seemed as though the magical tool to break through the clutter. For, the mantra of account planning ... that account planning grew tremendously within the United States. Tran, 1999 As of 1995, planning ... some of the best agencies in the field added account planning to their list of services, planning ..., 1999 Account planners, strategic planners, planners The account planner is that member of the agency ... more details
For the accountancy use of the term. Capital account financial accounting In Macroeconomics and international finance, the capital account also known as financial account is one of two primary components of the balance of payments , the other being the current account . Whereas the current account reflects a nation s net income, the capital account reflects net change in national ownership of assets. A surplus in the capital account means money is flowing into the country, but unlike a surplus in the current account , the inbound flows will effectively be borrowings or sales of assets rather than earnings. A deficit in the capital account means money is flowing out the country, but it also suggests the nation is increasing its claims on foreign assets. The term capital account is used with a narrower ... the capital account into two top level divisions financial account and capital account , with by far the bulk of the transactions being recorded in its financial account. The Capital account in Macroeconomics At high level math begin align mbox Capital account & mbox Change in foreign ownership of domestic ... math begin align mbox Capital account & mbox Foreign direct investment & mbox Portfolio investment & mbox Other investment & mbox Reserve account end align math Image Two International Finance Centre.jpg thumb right The International Finance Centre in Hong Kong. A nation s capital account records ... flow and counts as a surplus item on the capital account. If a nations citizens are investing ..., any yearly profits not re invested will flow in the opposite direction, but will be recorded in the current account rather than as capital. ref name sloman cite book last Sloman first John title ..., the income derived from these assets is recorded in the current account the capital account entry ... can include the reserve account . ref name sloman Reserve account . The reserve account is operated ... from the market. Inbound capital flows, especially when combined with a current account surplus ... more details
Unreferenced auto yes date December 2009 Wikify date December 2009 In accountancy , a suspense account is an account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification. It can be a repository for monetary transactions cash receipts, cash disbursements & journal entries entered with invalid account numbers. The account specified may not exist, or it may be deleted frozen. If one of these conditions exist, the transaction should be directed to a suspense account. In branchless banking BB banking through mobile for unbanked these accounts are used for money in transit . For example, sender sends payment from US ACH account to a BB mobile number in Japan. The customer receives an alert on their mobile to withdraw this money from any BB agent. Until they withdraw, the remittance stays in the suspense account, earning the financial institute or the BB enabler float interest on that money. When customer withdrawal completes, the money moves from suspense account to the agent s account who facilitated the cash withdrawal. A suspense account is an account in the general ledger in which amounts are temporarily recorded. The suspense account is used because the proper account could not be determined at the time that the transaction was recorded. When the proper account is determined, the amount will be moved from the suspense account to the proper account. DEFAULTSORT Suspense Account Category Generally Accepted Accounting Principles Accounting stub de CpD Konto ... more details
Multiple issues orphan May 2009 unreferenced May 2009 A Clearing account is usually a temporary account containing costs or amounts that are to be transferred to another account. An example is the income summary account containing revenue and expense amounts to be transferred to retained earnings at the close of a fiscal period. Category Accountancy business stub ... more details
Refimprove date April 2010 A bank account is a financial account with a banking institution , recording the financial transactions between the customer and the bank and the resulting financial position of the customer with the bank Citation needed date April 2010 . Nomenclature, classification and codification Empty section date April 2010 Account types Bank accounts may have a positive, or debits and credits debit balance, where the bank owes money to the customer or a negative, or debits and credits credit balance, where the customer owes the bank money. Broadly, accounts opened with the purpose of holding debit balances are referred to as deposit account s whilst accounts opened with the purpose of holding credit balances are referred to as loan account s. Some accounts are defined by their function rather than nature of the balance they hold. Bank accounts designed to process large numbers of transactions may offer credit and debit facilities and therefore do not sit easily with a polarised definition. Other account types multicol Automatic transfer service account Individual Savings Account Joint account Low cost account Money market account multicol break Numbered bank account Negotiable Order of Withdrawal account Nostro and vostro accounts Overdraft Free Account Personal account multicol break Savings account Time deposit certificate of deposit Transactional account Tax Exempt Special Savings Account Transaction deposit multicol end No Frill Account Senior Citizen Account Neutral Consumer Information Canada Ref improve section date September 2007 The Government of Canada maintains a database of the fees and features of bank account packages offered by various financial ... bank account packages online. Notes & references Reflist See also Bank card number Banking in Switzerland Bank secrecy Bank statement Chart of accounts Financial privacy International Bank Account ... Telephone banking DEFAULTSORT Bank Account Category Banking cs Bankovn et de Bankkonto et ... more details
Unreferenced date January 2007 Orphan date February 2009 Context date October 2009 A Custodial account is a financial account set up for a Minor law minor , but administered by a responsible adult, known as a custodian , because the minor is under the legal age of majority . The custodian is often the minor s parent. A custodial account can be everything from a bank account to a trust fund . This type of account usually come with a Coverdell ESA Form a tax advantaged contract. It deals with successor rights and other contract conditions depending on who issues the form. In another form, a Custodial Account is an account owned by an individual or institution, managed by a named party for purposes of rapid distribution of funds in that account. This is commonly used for petty cash or for transactions that have very limited and clearly defined payees and transaction types. Category Personal finance Finance stub ... more details
Joint account is a bank account shared by two or more individuals. Any individual who is a member of the joint account can withdraw from the account and deposit to it. Usually, joint accounts are shared between close relatives or business partners. ref name wisegeek cite web url http www.wisegeek.com what is a joint account.htm title What is a Joint Account? last Pollick first Michael publisher conjecture corporation accessdate 2009 01 23 ref Joint accounts are often created in order to avoid probate . ref cite book last Clifford first Denis title Plan Your Estate edition 9 isbn 1413307612, 9781413307610 url http books.google.com books?id Xw GI0b5mBMC&pg PA166&dq joint Account ref If two individuals open a joint account and one of them death dies , the other person is entitled to the remaining balance and liable for the debt of that account. ref name wisegeek Sometimes a temporary joint account is opened by two parties entering into a transaction where one party needs a security for the fulfilment of the transaction and the other party has to pay the sum deposit , being the security for the other party. Any payment from the joint account or return of the deposit from the joint account, will only be possible if both parties sign a joint written instruction to the bank. It is not possible that only one of the both parties gives instruction for payments of the joint account. citation needed date October 2009 Because European banks are not very interested in opening temporary joint accounts, as they are normally used for one transaction only, there are specialised parties or companies taking care of such accounts as trustees. A good example is foundation Joint Account Shiptrade . This foundation is holding big deposits and payments for buyers and sellers of ships. A temporary joint account is normally closed after the transaction for which it was opened has been concluded ... account Savings account Transactional account References references DEFAULTSORT Joint Account Category ... more details
each month to cover costs from the provider to maintain the account and to create minimal profits ...Citations missing date January 2008 Globalize date May 2010 discuss Talk Merchant account Globalize A merchant account is a type of bank account that allows businesses to accept payments by debit or credit cards. A merchant account also serves as an agreement between a retailer, a merchant bank and payment processor for the settlement of credit card and or debit card transactions. Methods of processing credit cards Today a majority of credit card transactions are sent electronically to merchant processing ... of a physical POS point of sale terminal located in most retail outlets. A merchant account provider is typically a separate company from the payment gateway. Some merchant account providers ... into a non qualified transaction category. Merchant Account Marketing Merchant accounts are marketed ... responsible for some of the worst horror stories from merchants. Rates and fees A Merchant Account has ... by the merchant account provider , but the majority of the per item and percentage fees are passed through the merchant account provider to the credit card issuing bank according to a schedule of rates ... is gaining in popularity. In 3 Tier Pricing, the merchant account provider groups the transactions ... account provider using an approved credit card processing solution. This is usually the lowest ... cost the provider more in interchange costs, so the merchant account providers do make a markup on these rates ... costs, so the merchant account providers do make a markup on these rates. 6 Tier Pricing As a result ... Plus Pricing Some providers offer merchant account services priced on an interchange plus basis. These accounts ... providers to pay for costs of maintaining the merchant s account. Sometimes these fees can be quarterly ... based on an assumption of profits they concluded they would have earned during the full term of the contract ... Reference Document PCI SSC Quick Guide. DEFAULTSORT Merchant Account Category Payment systems Category ... more details
Account number may refer to A number used to identify a bank account Bank card number , the primary account number found on credit cards and bank cards International Bank Account Number , an international standard for identifying bank accounts across national borders National identification number , a number used by the governments of many countries as a means of tracking people for the purposes of work, taxation, government benefits, health care, and other governmentally related functions Disambig ... more details
In accounting , the controlling account small UK small control account also known as adjustment account ref http lexicon.ft.com term.asp?t control account control account definition in Financial Times lexicon ref is an account in the general ledger for which a corresponding subledger subsidiary ledger has been created. The subsidiary ledger allows for tracking transactions within the controlling account in more detail. Individual transactions are posted both to the controlling account and the corresponding subsidiary ledger, and the totals for both are compared when preparing a trial balance to ensure accuracy. For example, Accounts Receivable is the controlling account for the Accounts Receivable Subsidiary Ledger. In this subsidiary ledger, each credit customer has their own account with their own balance. Thus, while the Accounts Receivable balance can report how much the company is owed, the Accounts Receivable subsidiary ledger can report how much is owed from each credit customer. Other examples of controlling accounts and their subsidiary ledgers include Accounts Payable accounts payable subsidiary ledger and Equipment equipment subsidiary ledger . ref name isbn0 324 65913 X cite book author Jones, Jefferson Nikolai, Loren A. Bazley, John D. title Intermediate Accounting publisher South Western College Pub location Cincinnati, Ohio year 2009 page 102 isbn 0 324 65913 X oclc doi accessdate ref References reflist Category Accounting systems ... more details
Unreferenced stub auto yes date December 2009 A separate account is a segregated accounting and reporting account accountancy account held by an insurance company not in or separate from its general account . A separate account allows an investor to choose an investment category according to his individual risk tolerance, and desire for performance. An account may be a generic conservative or aggressive investment allocation, or a specific mutual fund type account. Some offshore companies allow the account owners to specify the type of separate account to open. Separate accounts in the U.S. markets are often characterized as either managed or non managed. A managed separate account is synonymous to a mutual fund in the sense that the investments of the separate account are actively managed such as stocks, bonds or other debt instruments, loans, derivative instruments, etc. . A non managed separate account is one that invests more passively in that it typically owns shares of other managed pools of investments such as mutual fund shares. This is similar to a fund of funds whereby the separate account fund simply invests in shares of one or more mutual funds. This arrangement is sometimes more efficient and cost effective rather than the insurance company maintaining many separate accounts with similar baskets of securities. Separate accounts are sometimes confused with separately managed account s SMAs , which are privately managed investment accounts opened through a brokerage or financial adviser that uses pooled money to buy individual assets. These differ from mutual funds because the investor directly owns the securities instead of owning a share in a pool of securities. Most SMAs require a minimum investment of 100,000 or more. DEFAULTSORT Separate Account Category Insurance Econ stub ... more details
Image The One account.png right The One account Ltd is single brand subsidiary financial services company ... as the Virgin One account and promoted to Virgin Direct s 200,000 strong UK customer base. The launch ..., the company relaunched as The One account when The Royal Bank of Scotland took a majority shareholding ... . Distribution One account products are sold directly by phone, internet and post. They are also distributed through intermediaries mortgage broker s and Independent Financial Adviser s. Current Account Mortgages The type of offset products offered by The One account are called Current Account Mortgage ... current accounts, personal loans and, if desired, their saving accounts into one account. A low, mortgage style interest rate is charged on the net balance of the account on a daily basis. Since customers pay their salary into the account this money has the effect of reducing the average balance ... rate used to vary with the Bank of England base rate, however in recent months the One Account interest ... rate had not increased. The One account vaunts the flexibility afforded by current account ... would be better off with a One account. Industry accolades In June 2002, The Virgin One account scooped both Best Mortgage provider and Best Current Account provider at the Guardian Observer Consumer Finance awards. In the following year, The One account was awarded Best Mortgage Provider for the 3rd year running at The Guardian Observer Consumer Finance Awards, Best Current Account and Offset Mortgage Provider at the Moneyfacts Awards, Best Current Account Mortgage at the Your Mortgage Awards ... Current Account Mortgage from Mortgage Magazine in 2005 and 2006, Best Current Account Mortgage from Your Mortgage Magazine in 2005, and in 2006 The One account was voted the Best Current Account and Offset Mortgage Provider by Moneyfacts . External links http mortgages.oneaccount.com The One account ... Account, The Category Royal Bank of Scotland Group Category Banks of the United Kingdom Category Companies ... more details
unreferenced date June 2009 A general account generally refers to the combined or aggregate investments and other assets of an insurance company available to pay claims and benefits to which insured s or policyholders are entitled. The general account may also be considered everything that is not represented by a separate account s of the firm, if such separate account has been established by the company. Should a firm have no separate accounts, then its only account is the general account. The term should not be thought of narrowly in terms of a bank account or general ledger account, but rather the broader concept introduced in the first sentence. Policyholders of insurance policies that are not associated with separate accounts do not have a legal or other direct interest or right to the assets or investments of the insurance company s general account but rather these obligations for benefits or claims are general obligations of the company. In this case, policyholders are subject to credit risk of the insurance company that is, should the insurance company fail or go bankrupt, the claims or cash values of policies are not directly backed or collateralized by the company s investments and other assets. In the U.S., state insurance departments examine audit insurance companies to evaluate many things, principally to see if the company is sound and policyholder interests are protected. A.M. Best is an example of an insurance rating agency who evaluates and rates many companies on various factors such as financial strength, claims paying and other policyholder servicing experiences. econ stub Category Insurance terms ... more details
An account manager is a person in a business who is responsible for the management of the sales and relationship with particular customers. They are allocated particular customer accounts, especially the key accounts which provide the most business. The account manager varies depending on the nature of the business . The account manager builds client relationship by acting as the interface between the customer service teams and sales teams within a company. By maintaining the company s existing relationship with a client or group of clients in order that they will continue using the company for business. It also involves identifying potential new clients and business opportunities and persuading new customers to place business with the company. Account managers are responsible for working with clients to identify their needs and work out how the company can best meet those requirements, in order that the client does not decide to place business elsewhere. Depending on the size of the company, account managers might manage a single account or they may have a whole portfolio of clients. An account manager might have responsibility for an account at national level or at global level. Global account managers and national account managers may work together in a hierarchical or matrix structure. The trend is to move responsibility for the major key accounts to the global level. ref citation url http books.google.co.uk books?id ZYKyKAxpUvwC&pg PA102 title Sales management a global perspective author Earl D. Honeycutt, John B. Ford, Antonis C. Simintiras year 2003 ref Key account manager Key account management goes beyond sales to plan and manage the full relationship between a business and its most important customers. An account manager who works in this role will engage in a variety of tasks including project management, coordination, strategic planning, relationship management ... books?id YutAr0bk2OUC&pg PA294 title Key Account Plans author Lynette Ryals, Malcolm ... more details
Unreferenced date December 2006 Orphan date October 2008 A layered account is a form of qualitative research qualitative social research in which the researcher writes from more than one voice and is informed by several layers of consciousness. First proposed by Carol Rambo Ronai, a layered account intentionally blurs the boundaries between social research and art. See also Autoethnography DEFAULTSORT Layered Account Category Qualitative research Sociology stub ... more details
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