public account - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “public account”

public account

noun [C]
 
 
BANKING, GOVERNMENT a bank account in which a government department or other government organization keeps its money: Parliamentary authorisation for payments from the Public Account is not required.
public accounts [plural] GOVERNMENT, FINANCE the set of official records that show the financial situation of government departments and what they have spent, received, borrowed, etc. in a particular period: At the end of the year, the objective of the government centred on balancing the public accounts, putting off growth.
(Definition of public account from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of public account?
Add Cambridge dictionaries to your browser to your website

Word of the Day

extra time

a period of time in a sports game in which play continues if neither team has won in the usual time allowed for the game

Word of the Day

She’s got very good posture. (How we stand and sit)

by Liz Walter,
May 27, 2015
Recently on this blog, we looked at the words that we use to describe the way we move. This week we’re looking at words for describing our bodies when they are still, whether we are standing or sitting. Since most of us do far too much of this, let’s start with sitting.

Read More 

ancestral health noun

May 25, 2015
diet based on the presumed diet of our Palaeolithic ancestors ‘Ancestral health,’ to use a term popular among Paleo followers, has gone mass.

Read More