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English definition of “credit account”

credit account

noun [C] uk   UK (US charge account) us  
a formal agreement between a shop or other business and a customer, in which the customer can take goods and pay the shop or business for them at a later timeRenting, hiring and hire purchase in general Mortgages and real estateRenting propertyParts of shops, shop fittings and retail activities
(Definition of credit account from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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