Meaning of “credit account” in the English Dictionary

business-english 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

a formal agreement 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 later time

(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)