credit account

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credit account

n
(Banking & Finance) Brit a credit system by means of which customers may obtain goods and services before payment. Also called: charge account
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.credit account - credit extended by a business to a customer
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
revolving charge account - a charge account that does not have to be paid to zero balance
Translations

credit account

n (in shop) → conto (di credito), conto (aperto)
References in classic literature ?
If you gave her expensive presents and an unlimited credit account, she complained that you looked on her as a mere doll; and if you didn't, she called you a screw.
Sothearoath said the number of consumer credit accounts has grown steadily since last year at between five and seven per cent each quarter, with the outstanding balance increasing at between six and eight per cent.
If you open up new credit accounts, that could damage your score.
M2 PRESSWIRE-August 1, 2019-: Trade Credit Accounts Make Life Easier for Small Business Owners
Completed successful conversion of PayPal Credit accounts.
James said: "Let some of your credit accounts mature.
Both free products are aimed at people with "thin" credit reports which Experian defines as having fewer than five credit accounts and UltraFICO may help those with damaged credit, as well.
Additionally, the bank has linked all cash credit accounts and overdrafts with limits above INR100,000 to the repo rate plus a spread of 2.25 percent, the bank added.
In addition, the sale of the credit accounts receivable significantly reduces Signet's balance sheet risk and lowers working capital needs, as well as enabling the company to return significant capital to shareholders.
One of the best ways to reduce the possibility of a late payment and eliminate the "I forgot" excuse that proliferates throughout the industry is to set up as many automatic payments as possible for your credit accounts. Having your bills automatically deducted from your bank account on a specific date or charged to a credit card (assuming you pay it off monthly) ensures that you're never late on your bills.
Summary: In September, news broke that five thousand employees at Wells Fargo & Company had opened more than 2 million unauthorized deposit and credit accounts.