GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
 
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38% - Moderately

Commingling


Synonyms:merging, mixing up, pooling, throw together
Filed Under: financial-banking
Tags: banking
 

Definition of commingling

commingling
1. The mixing of money from different sources so that the sources can't be distinguished.

Related Terms and Acronyms:

  • comptroller   An individual who oversees and audits the financial reporting and accounting of an organization.
  • general account (GA)   Investments and assets that an insurer uses for paying benefits and claims.
  • joint account (J/A)   A bank account owned by two or more persons who share equally in the rights and liabilities of the account.
  • reconciliation   Checking all bank account papers to make sure that the bank's records and your records agree.

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