OPEN ACCOUNT

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does open account mean? 

• OPEN ACCOUNT (noun)
  The noun OPEN ACCOUNT has 2 senses:

1. credit extended by a business to a customer

2. an unpaid credit order

  Familiarity information: OPEN ACCOUNT used as a noun is rare.

 Dictionary entry details 

• OPEN ACCOUNT (noun)

Sense 1

Meaning:

Credit extended by a business to a customer

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

charge account; credit account; open account

Hypernyms ("open account" is a kind of...):

charge account credit; open-end credit; revolving credit (a consumer credit line that can be used up to a certain limit or paid down at any time)

Hyponyms (each of the following is a kind of "open account"):

revolving charge account (a charge account that does not have to be paid to zero balance)

Sense 2

Meaning:

An unpaid credit order

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("open account" is a kind of...):

bill-me order; credit order (an order that is received without payment; requires billing at a later date)