account

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account

1. 
a. a regular client or customer, esp a firm that purchases commodities on credit
b. an area of business assigned to another
2. on account
a. on credit
b. as partial payment
3. settle or square accounts with to pay or receive a balance due

account

An established relationship for some purpose such as identifying a user on a computer or making financial transactions. See user account, guest account and account number.
References in periodicals archive ?
The commercial book-entry system, initiated in 1967, facilitates the safekeeping and transfer of large volumes of marketable Treasury securities through the substitution of computerized accounts for paper securities.
The historic owners are not being given credit in their capital accounts for the appreciation or depreciation of the LLC's value.
From a financial reporting perspective, the FASB project on accounting for the retirement of long-lived assets will have a significant impact on how the electric utility industry accounts for this often rigorous process.
The only type of nondepository institution that is associated with multiple-account usage is the brokerage company, where the average number of accounts for households using these firms is about 1.