© 2016 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Separate Account

Definition:

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.