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The person added to an account is typically referred to as a "authorized user" or "account holder," depending on the context. In financial accounts, they may also be called a "co-signer" or "joint account holder." This individual usually has certain permissions, such as making transactions or accessing account information, as defined by the account owner.
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The person authorized to write checks on an account is called?
The person authorized to write checks on an account is called the account holder or account operating customer. He/she is the only person authorized to write checks on that account. Nobody else can do so. (In case of a joint account, all holders of the account can write checks)
What is the name of the person whos name is on an account?
The person whose name is on an account is commonly referred to as the account holder. This individual is responsible for the account and its associated transactions. In the context of banking, the account holder may also be called a depositor or account owner.
Who or what is a bank account holder?
A person on whose name the bank account is opened is called the bank account holder. He is the one responsible for maintaining the account.
Is a bank account tangible personal property?
Yes. A Bank account is the personal property of the person who owns and operates the bank account. It will be considered an asset for the account owner. Anything that has a monetary value and belongs to someone is called an asset. Since a bank account is worth as much money that is in the account and belongs to a customer, it is the personal property of that person.
An increase in accounts receivable is subtracted or added to what?
This depends on what caused the increase. Accounts receivable is the account used when a person or company owes YOU money. With an increase in AR, that means you either performed a service or sold goods to a person or company on account. Since this is an "increase" you will (ADD) the amount to your Account Receivable and Income (or Revenue).
The person authorized to write checks on an account is called?
The person authorized to write checks on an account is called the account holder or account operating customer. He/she is the only person authorized to write checks on that account. Nobody else can do so. (In case of a joint account, all holders of the account can write checks)
What't a account of a person's life written by that person?
This is called an autobiography; if the account meets certain criteria, it may also be called a memoir.
Can another person be added to her checking account even if not married?
depends on bank
Can one person take another off a credit union joint account?
No, once you have been added to an account, you have to agree to be removed
What is an account of a persons life written by anathor person?
An account of somebody's life written by another person is called a biography.
How would a banker use a spreadsheet?
To know the amount of each person has and if a person added some money they need to update the amount they put in their account and how much they take out their account.
What is the addition of interest added to the principal in a retirement account over time called?
compunding
What addition of interest added to the principal in a retirement account over time is called what?
compunding
What is the addition of interest added to the principal in a retirement account over time is called?
compunding
How can you view someones MySpace profile when it set to private without adding them?
You cant without having access to another account that is added. ie, if you have a friend who has added that person, you could use their account to look at their profile.
If a person is added to someone's checking account are they both responsible for an overdraft?
yes both partys will be responsible
What is the name of the person whos name is on an account?
The person whose name is on an account is commonly referred to as the account holder. This individual is responsible for the account and its associated transactions. In the context of banking, the account holder may also be called a depositor or account owner.
