Trading account

Trading account,

Definition of Trading account:

  1. A financial account of commercial transactions; specifically an account giving details of sales during a given period, including the revenue gained, the cost of sales, the stock at the beginning and end of the period, and the overall gross profit or loss.

  2. An account with a broker that enables an individual or other party to buy and sell securities.

  3. The part of an income statement that shows how the gross profit was generated through trading activities.

Meaning of Trading account & Trading account Definition