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.
Double entry accounting is a record keeping system under which every transaction is recorded in at least two accounts. There is no limit on the number of accounts that may be used in a transaction, but the minimum is two accounts.