- account
- a record of financial transactions over a period of time, such as money paid, received, borrowed or owed
Example Please send me your account or a detailed or an itemised account.- a structured record of financial transactions that may be maintained as a list or in a more formal structured credit and debit basis
- (in a shop)
- an arrangement in which a customer acquires goods and pays for them at a later date, usually the end of the month
Examples to have an account or a credit account with Harrods • Put it on my account or charge it to my account. • They are one of our largest accounts. - a period during which shares are traded for credit, and at the end of which the shares bought must be paid for
(Note On the London Stock Exchange, there are twenty-four accounts during the year, each running usually for ten working days.)- a customer who does a large amount of business with a firm and has an account with it
Examples Smith Brothers is one of our largest accounts. • Our sales people call on their best accounts twice a month.
Definition
noun
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