Lead water pipes were still in common use in the early 20th century and remain in many households. Lead-tin alloy solder was commonly used to join copper pipes, but modern practice uses tin-antimony alloy solder to join copper in order to eliminate lead hazards.
DEFINITION of 'Omnibus Account'. An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined in this type of account, allowing for easier management by the futures merchant.Next Up.t involves the transaction of individual accounts which are combined in this type of account, allowing for easier management by the futures merchant.
An escrow account is a type of bank account held by a third party for the benefit of two other parties.While escrows can be used in just about any transaction, they're frequently used in real estate dealings. Having a separate account for the money helps to protect both parties.efinancing. When you refinance your mortgage, the title company typically opens an escrow account, the key function of which is to facilitate the process of paying off your old loan with the proceeds of the new loan.