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English definition of “credit account”

credit account

noun [C]     UK (US charge account)
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 noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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