Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
Well, they should say, "I love my broker!" But technically a customer statement is a piece of paper (electronic or dead tree) which simply outlines what the customer did during the month: the trades they made, what their account is now worth, what they currently own, etc. The SEC requires quarterly notification but most brokerages send customer statements monthly - sort of a marketing thing.