Get the FREE one-click dictionary software for Windows
or the iPhone/iPad and Android apps
Noun: open account  'ow-pun u'kawnt
  1. Credit extended by a business to a customer
    "The department store offered an open account with 0% interest for the first year";
    - credit account, charge account
     
  2. An unpaid credit order
    "The supplier allowed them to maintain an open account for office supplies"

Derived forms: open accounts

Type of: bill-me order, charge account credit, credit order, open-end credit, revolving credit