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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Separate Account


An investing account that's in the name of specific individuals or entities.

The difference between a separate account and a mutual fund is that the investor of a separate account owns the stocks or securities in the account rather than shares in a basket of securities. You need a lot of dough—like $100G or more—to invest in a separate account since the money isn't being pooled together.