Joint Account
A brokerage or bank account that is owned together (jointly) by two or more people. Investopedia Says:
A joint account agreement is typically needed to open such an account. This agreement will detail whether transactions require the signatures of all parties or whether one party can take actions on his/her own. Related Terms:
Bank
Joint
Joint Owned Property
Joint Return
Joint Stock Company
Joint Venture
Jointly and Severally
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