noun
specified account; designated account
A type of securities account in Japan that simplifies tax reporting by allowing the brokerage to calculate and report capital gains and losses on behalf of the investor.
特定口座を開設すれば、確定申告が簡単になります。
If you open a specified account, filing your tax return becomes easier.
一般口座 is a regular securities account where the investor must calculate and report capital gains themselves, unlike 特定口座 which offers tax-reporting convenience.
A subtype of 特定口座 where tax is withheld at source, further simplifying the investor's tax obligations.
Compound of 特定 (specified) + 口座 (account), a modern financial term.