Angel One - Share Market Trading and Stock Broking
Skip to main content
Trading Terms

Open account

Trade transactions often involve a method of payment called open account. This is when a supplier sends goods to a buyer and the buyer credits the supplier's account with the invoice amount after verifying the shipping documents. The account is then settled at regular intervals, typically monthly, with the buyer sending a bank draft or arranging a remittance through their bank in favor of the exporter. This allows for more flexibility and trust in business relationships.

Related terms

Alphabet Stock

Understand the meaning and definition of Alphabet Stock in the context of stock market, trading, and investments.

MORE
Basket Trades

Understand the meaning and definition of Basket Trades in the context of stock market, trading, and investments.

MORE
Confidence Level

Understand the meaning and definition of Confidence Level in the context of stock market, trading, and investments.

MORE
Normalized

Understand the meaning and definition of Normalized in the context of stock market, trading, and investments.

MORE
Stop-Running

Understand the meaning and definition of Stop-Running in the context of stock market, trading, and investments.

MORE
Holder in due course

Understand the meaning and definition of Holder in due course in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store