Library / English Dictionary

OPEN ACCOUNT

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

An unpaid credit order

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("open account" is a kind of...):

bill-me order; credit order (an order that is received without payment; requires billing at a later date)

Sense 2

Meaning:

Credit extended by a business to a customer

Synonyms:

charge account; credit account; open account

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("open account" is a kind of...):

charge account credit; open-end credit; revolving credit (a consumer credit line that can be used up to a certain limit or paid down at any time)

Hyponyms (each of the following is a kind of "open account"):

revolving charge account (a charge account that does not have to be paid to zero balance)

Credits