open account

Noun

Meaning

credit extended by a business to a customer

an unpaid credit order

Source: WordNet

Synonyms

current account charge account credit account

Hypernyms

charge account credit open-end credit revolving credit bill-me order credit order

Hyponyms

revolving charge account

Examples

Elaborating the NACB system, the UGC vice-chairman said that it allows students to open account in this virtual bank and start learning much before they come to a college. Source: Internet

To qualify, small businesses need to have an open account with TPU, be located within the City of Tacoma, have 50 or less employees, and operate from a brick and mortar building. Source: Internet

“The open account is the most common, with 85 percent of world trade done on open accounts,” Bittner said. Source: Internet

In the first deal, CIMB agreed to finance Hontop's sale of Russian ESPO crude onboard vessel Green Attitude to BP on an "open account" basis, where goods are shipped and delivered before payment is due, according to the affidavit. Source: Internet

They provide an open account of each BBC service remit, scope, budget, aims and objectives, any essential activities and a description of how the Trust will assess their performance. Source: Internet

Close letter words and terms

open a present open access open access system open admission open adoption open advertising