Usually means: Secondary, separate part of account.
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We found 7 dictionaries that define the word subaccount:

General (3 matching dictionaries)
  1. subaccount: Merriam-Webster
  2. subaccount: Wordnik
  3. subaccount: Wiktionary

Business (4 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Subaccount: Bloomberg Financial Glossary
  3. Subaccount: Financial dictionary
  4. Yahoo Tax Center Glossary (No longer online)

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Definitions from Wiktionary (subaccount)

▸ noun:  (finance, computing) A secondary account that belongs to a separate parent account.

Similar:
subledger, subassumption, suballocation, joint account, sublaw, subinterest, demand account, savings account, account payable, subclause, more...

Opposite:
main account, parent account, master account

Types:
Roth IRA, traditional IRA, SEP IRA, SIMPLE IRA, 401(k), 403(b), 457(b), TSP, more...

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Similar:
subledger, subassumption, suballocation, joint account, sublaw, subinterest, demand account, savings account, account payable, subclause, more...

Opposite:
main account, parent account, master account

Types:
Roth IRA, traditional IRA, SEP IRA, SIMPLE IRA, 401(k), 403(b), 457(b), TSP, more...



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