Eligible Accounts definition: Copy, customize, and use instantly
Introduction
The term "Eligible Accounts" refers to accounts that meet specific criteria, conditions, or requirements set by an organization, financial institution, or regulatory body. These accounts typically qualify for certain privileges, benefits, or services, and can vary across different sectors, such as banking, insurance, or employee benefit programs.
Below are various examples of how "Eligible Accounts" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Eligible Accounts" as bank accounts meeting specific conditions
This definition ties "Eligible Accounts" to bank accounts that meet certain criteria to qualify for particular financial services.
"Eligible Accounts" refers to bank accounts that fulfill the necessary requirements, such as minimum balance, account type, or transaction frequency, to qualify for specific financial services or benefits.
Definition of "Eligible Accounts" as accounts qualifying for insurance benefits
This definition connects "Eligible Accounts" to accounts that qualify for specific insurance-related benefits or policies.
"Eligible Accounts" refers to accounts that are deemed eligible for coverage under an insurance policy, based on factors such as account type, duration, and the terms of the policy.
Definition of "Eligible Accounts" as retirement accounts
This definition ties "Eligible Accounts" to accounts used for retirement savings that meet government or institutional criteria.
"Eligible Accounts" means accounts designated for retirement savings that meet the regulatory requirements set by authorities such as the IRS or specific financial institutions, allowing tax advantages or other retirement benefits.
Definition of "Eligible Accounts" as accounts eligible for rewards or loyalty programs
This definition applies "Eligible Accounts" to accounts that qualify for participation in loyalty or rewards programs.
"Eligible Accounts" refers to accounts that meet the criteria for participation in rewards or loyalty programs, such as maintaining a certain level of activity or meeting other thresholds defined by the program.
Definition of "Eligible Accounts" as accounts meeting creditworthiness requirements
This definition connects "Eligible Accounts" to accounts that meet creditworthiness criteria for access to credit products.
"Eligible Accounts" refers to accounts that meet the minimum creditworthiness requirements, allowing account holders to access credit, loans, or other financial products offered by a lending institution.
Definition of "Eligible Accounts" as accounts with a certain balance
This definition ties "Eligible Accounts" to accounts that maintain a specific balance to qualify for certain services.
"Eligible Accounts" means accounts that maintain a minimum balance, which qualifies them for certain services, such as higher interest rates, fee waivers, or access to exclusive offers.
Definition of "Eligible Accounts" as accounts with transaction history
This definition applies "Eligible Accounts" to accounts that have a certain amount of activity or history.
"Eligible Accounts" refers to accounts that have a specified transaction history, which makes them eligible for particular services or benefits, such as discounts, rewards, or promotional offers.
Definition of "Eligible Accounts" as business accounts for corporate benefits
This definition connects "Eligible Accounts" to business accounts that qualify for corporate benefits.
"Eligible Accounts" refers to business accounts that meet specific criteria for corporate benefits, such as eligibility for bulk purchasing discounts, business loans, or other financial services aimed at businesses.
Definition of "Eligible Accounts" as accounts in good standing
This definition links "Eligible Accounts" to accounts that are considered to be in good standing with no overdue balances.
"Eligible Accounts" refers to accounts that are in good standing, meaning there are no outstanding or overdue balances and the account holder is compliant with the terms of the account agreement.
Definition of "Eligible Accounts" as accounts eligible for cash bonuses
This definition applies "Eligible Accounts" to accounts that qualify for cash bonuses or financial incentives.
"Eligible Accounts" refers to accounts that meet the criteria for receiving cash bonuses, rebates, or other financial incentives based on account activity or balance thresholds.
Definition of "Eligible Accounts" as accounts that qualify for tax advantages
This definition ties "Eligible Accounts" to accounts that offer tax benefits under certain conditions.
"Eligible Accounts" means accounts that qualify for tax advantages, such as tax-deferred growth, tax credits, or deductions, based on the account type and the regulations governing it.
Definition of "Eligible Accounts" as accounts in a specified program
This definition connects "Eligible Accounts" to accounts that are part of a specified program with defined conditions.
"Eligible Accounts" refers to accounts that are part of a defined program, such as a government savings plan or employer-sponsored benefit program, which qualify for specific benefits or contributions.
Definition of "Eligible Accounts" as accounts under specific regulatory frameworks
This definition applies "Eligible Accounts" to accounts governed by specific legal or regulatory standards.
"Eligible Accounts" refers to accounts that are regulated or governed by specific legal or regulatory frameworks, such as those set by financial or government authorities, ensuring compliance with required conditions.
Definition of "Eligible Accounts" as accounts for membership or access to exclusive services
This definition ties "Eligible Accounts" to accounts that qualify for exclusive member-only services.
"Eligible Accounts" means accounts that meet the requirements for membership or access to exclusive services, such as premium customer support, exclusive offers, or membership perks.
Definition of "Eligible Accounts" as accounts meeting industry-specific criteria
This definition connects "Eligible Accounts" to accounts that qualify based on industry-specific requirements.
"Eligible Accounts" refers to accounts that fulfill the specific criteria set for a particular industry, allowing the account holder to access services, products, or opportunities exclusive to that sector.
Definition of "Eligible Accounts" as accounts qualifying for dispute resolution benefits
This definition links "Eligible Accounts" to accounts eligible for assistance in resolving disputes.
"Eligible Accounts" refers to accounts that qualify for services such as dispute resolution or legal assistance, as outlined in the terms of service or account agreement.
Definition of "Eligible Accounts" as accounts that qualify for transfer or inheritance
This definition applies "Eligible Accounts" to accounts that qualify for transfer upon death or other life events.
"Eligible Accounts" refers to accounts that are designated for transfer to heirs or beneficiaries under certain conditions, allowing for the transfer of assets upon the account holder's death or other specified events.
Definition of "Eligible Accounts" as accounts eligible for automatic updates or notifications
This definition connects "Eligible Accounts" to accounts that qualify for automatic updates or notifications.
"Eligible Accounts" means accounts that qualify to receive automatic updates, such as notifications of changes in terms, new offers, or updates related to the account’s services.
Definition of "Eligible Accounts" as accounts that meet criteria for inheritance tax exemptions
This definition ties "Eligible Accounts" to accounts that are eligible for specific tax exemptions.
"Eligible Accounts" refers to accounts that meet the criteria for tax exemptions under inheritance or estate laws, reducing the tax burden for heirs or beneficiaries.
Definition of "Eligible Accounts" as accounts in specified legal or financial agreements
This definition links "Eligible Accounts" to accounts that qualify for inclusion in legal or financial agreements.
"Eligible Accounts" refers to accounts that qualify for inclusion in specific legal or financial agreements, such as joint ventures, investment agreements, or funding arrangements.
Definition of "Eligible Accounts" as accounts participating in a direct deposit program
This definition applies "Eligible Accounts" to accounts that qualify for direct deposit services.
"Eligible Accounts" refers to accounts that meet the requirements to participate in direct deposit programs, allowing for automatic deposits of paychecks or other regular payments.
Definition of "Eligible Accounts" as accounts qualifying for electronic payments
This definition ties "Eligible Accounts" to accounts that are eligible to receive or make electronic payments.
"Eligible Accounts" means accounts that qualify for electronic payments, such as ACH payments or digital wallet transactions, based on the account type or payment system used.
Definition of "Eligible Accounts" as accounts with specific credit limits
This definition connects "Eligible Accounts" to accounts that have predetermined credit limits.
"Eligible Accounts" refers to accounts that have been assigned specific credit limits, qualifying them for particular credit products or financial services.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.