budget account Meaning in the Cambridge English Dictionary

Meaning of “budget account” in the English Dictionary

"budget account" in Business English

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budget accountnoun [C]

uk   us   UK
BANKING an ​account into which you make ​regularpayments so that you have enough ​money to ​pay large ​bills or to ​pay for other things you need: Use one ​account as a ​budgetaccount into which your ​salary is ​paid each month.
COMMERCE an ​account with a ​store into which you make ​regularpayments over a ​period of ​time in ​order to ​pay for ​products that you ​buy there
(Definition of budget account from the Cambridge Business English Dictionary © Cambridge University Press)
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“budget account” in Business English

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