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.
For the accountancy use of the term, see Capital account (financial accounting) . In macroeconomics and international finance, the capital account (also known as the financial account) is one of two primary components of the balance of payments, the other being the current account.