Separate account

USAGE SUMMARY

The phrase "Separate account" is correct and usable in written English. You can use it in contexts involving finance, banking, or when distinguishing between different accounts or funds. For example, "She decided to open a separate account for her savings." Alternative expressions include "distinct account" and "individual account."

✓ Grammatically correct

Finance

Banking

Legal

Personal finance

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

See separate account with tomb drawings.

Harvard University

Each grantee shall maintain this grant in a separate account.

Cornell University

While Fidelity's brokerage unit offers separate account services, its vaunted fund management team does not participate.

The New York Times

Ms. Hanover, Mr. Felder said, had "about a quarter-million dollars" in a separate account.

The New York Times

The suggestions include: Open a separate account devoted exclusively to saving for the second home.

The New York Times

The money would be kept in a separate account dedicated to capital programs.

The New York Times

There i a separate account for each rationed category, sugar, meat, etc.

The New Yorker

The Senate bill creates a separate account in an existing trust fund.

The New York Times

And didn't you just tell me we set up a separate account?

The New York Times

I, however, had half a mind to open a separate account after all -- at another bank.

The New York Times

However, you are not required to have a separate account for each recharge operation.

Cornell University

Expert writing Tips

Best practice

When discussing financial planning, specify the purpose of the "separate account" to provide clarity and context, such as a "separate account" for emergency savings or a down payment on a home.

Common error

Avoid ambiguity by clearly stating the intended use of the "separate account". For example, instead of saying "Open a separate account", specify "Open a separate account for your wedding expenses."

Linguistic Context

The phrase "separate account" functions primarily as a noun phrase, often acting as the subject or object in a sentence. It is used to identify and refer to a specific type of financial account that is distinct from others. Ludwig provides numerous examples illustrating this function.

Expression frequency: Very common

Frequent in

News & Media

41%

Academia

32%

Formal & Business

27%

Less common in

Wiki

0%

Science

0%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "separate account" is a common and grammatically correct term used to describe a distinct financial or user account. As confirmed by Ludwig, this term is widely used in various contexts, including news, academia, and business. It's essential to specify the purpose of the "separate account" to avoid ambiguity, such as using a "separate account" for savings or business expenses. Alternatives like "dedicated account", "segregated fund", or "earmarked fund" can be used depending on the context. Understanding the nuances of its usage ensures clarity and precision in financial discussions.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

ring-fenced account

Conveys the idea that the account is protected and cannot be used for other purposes.

earmarked fund

Indicates the funds have been specifically set aside for a particular project or expense.

special purpose account

Highlights that the account is created for a particular, often unique, reason.

dedicated account

Highlights the specific purpose or allocation of the account.

designated fund

Focuses on the account being officially assigned for a particular use.

stand-alone account

Focuses on the account existing independently of other accounts.

segregated fund

Emphasizes the isolation and protection of funds for a specific purpose.

individual account

Stresses that the account belongs to a single person or entity, as opposed to a joint account.

independent fund

Emphasizes the autonomy and self-governance of the fund.

private ledger

Implies a confidential or exclusive record of financial transactions.

FAQs

How can I use "separate account" in a sentence?

You can use "separate account" to describe a fund or account that is distinct from others. For instance, "She decided to open a "separate account" for her business expenses to keep them apart from her personal finances."

What are some alternatives to "separate account"?

Alternatives to "separate account" include "dedicated account", "segregated fund", or "earmarked fund". The best choice depends on the specific context.

Is it better to have a joint account or a "separate account"?

The choice between a joint account and a "separate account" depends on your financial goals and relationship dynamics. A "separate account" offers individual control and privacy, while a joint account facilitates shared management and transparency.

What is a "separate account" often used for?

A "separate account" is often used for specific financial goals such as saving for retirement, managing business expenses, or building an emergency fund. It helps in organizing and tracking finances more effectively.