Meaning of “credit account” in the English Dictionary

british dictionary

"credit account" in British English

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credit accountnoun [ C ]

uk /ˈkred.ɪt əˌkaʊnt/ us /ˈkred.ɪt əˌkaʊnt/ UK US charge account

Examples from literature

  • All I wish to do further is to give a brief synopsis of the debit and credit accounts for each of the succeeding four years. 
  • And even your philanthropy, practised in a world where everything is based on competition, must have a debit as well as a credit account. 
  • And we have a long credit account at the grocery, which we can't pay? 

(Definition of “credit account” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"credit account" in Business English

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credit accountnoun [ C ]

uk us also US charge account

FINANCE, COMMERCE an arrangement by which a customer receives goods from a store and pays for them over a period of time:

Get 10% to 15% off by opening a department store credit account.

(Definition of “credit account” from the Cambridge Business English Dictionary © Cambridge University Press)