What does open account mean?
Definitions for open account
open ac·count
This dictionary definitions page includes all the possible meanings, example usage and translations of the word open account.
Princeton's WordNet
credit account, charge account, open accountnoun
credit extended by a business to a customer
open accountnoun
an unpaid credit order
ChatGPT
open account
An open account is a type of credit extended by a business to a customer, allowing the customer to purchase goods or services and pay for them later. Open accounts are typically used in business-to-business transactions, with the understanding that the customer will make payment within an agreed-upon time frame, such as 30, 60, or 90 days. The terms of an open account can vary depending on the relationship between the two parties involved.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of open account in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of open account in Pythagorean Numerology is: 1
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"open account." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/open+account>.
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