club account Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “club account” in the English Dictionary

"club account" in Business English

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club accountnoun [C]

uk   us   BANKING
a ​bankaccount used by a ​club for its ​money: I have been one of the ​signatories to the ​clubaccount since I became ​clubtreasurer last ​year.
a ​savingsaccount that ​money is ​paid into ​regularly over the ​period of a ​year, that ​collectsinterest, and that is used to ​savemoney for a particular ​purpose, such as a ​holiday
(Definition of club account from the Cambridge Business English Dictionary © Cambridge University Press)
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“club account” in Business English

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