Noun: open account 'ow-pun u'kawnt
- 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
- 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