credit account Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “credit account” in the English Dictionary

"credit account" in British English

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credit accountnoun [C]

uk   us   UK (US charge account)
a ​formalagreement 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 ​latertime
(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 ​departmentstorecreditaccount.
(Definition of credit account from the Cambridge Business English Dictionary © Cambridge University Press)
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