TeachMeFinance.com - explain Special account
Special account -- A special account in a bank is one created
for a special or particular purpose, as distinguished from a
general account, which is an account to which credits are
added and against which checks are drawn in the ordinary
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.