Define: Consumer Account

How is Consumer account defined in a legal contract?

• Consumer account means a set up by an individual mainly for personal, family, or household purposes. Seen in 68 SEC filings.
• Consumer account means an account primarily created for personal, family, or household use. Seen in 53 SEC filings.
• Consumer account means an account primarily established for personal, family, or household purposes which is subject to certain laws. Seen in 16 SEC filings.
• Consumer account means any account used primarily for personal, family, or household purposes. Seen in 14 SEC filings.
• Consumer account means a checking, savings or money market account that was established by an individual primarily for personal, family, or household purposes. Seen in 6 SEC filings.
• Consumer account means an account owned by one or more people and used primarily for personal, family, or household purposes. Seen in 5 SEC filings.
• Consumer account means any consumer bank or retail credit card account. Seen in 5 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of consumer account' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Consumer Account means an account owned and primarily used by an individual for personal, household, or family purposes.

Relevant Contract Types

• Bank Account Agreement
• Credit Card Agreement
• Loan Agreement
• Mortgage Agreement

Relevant Circumstances

• Opening a new bank account.
• Applying for a credit card.
• Applying for a personal, household, or family loan.
• Setting up a mortgage.

Relevant Sectors

• Banking
• Consumer Credit
• Retail
• Real Estate

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Genie Definition 2

Consumer Account means any consumer bank or credit card account.

Relevant Contract Types

• Bank Account Agreement
• Credit Card Agreement

Relevant Circumstances

• Opening a new bank account.
• Applying for a credit card.

Relevant Sectors

• Banking
• Consumer Credit
• Retail

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