From 11:00PM PDT on Friday, July 1 until 5:00AM PDT on Saturday, July 2, the Shmoop engineering elves will be making tweaks and improvements to the site. That means Shmoop will be unavailable for use during that time. Thanks for your patience!
We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.
© 2016 Shmoop University, Inc. All rights reserved.

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.