open account

noun
current account ( def 1 ).

Origin:
1895–1900

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Example sentences
The statute of limitations argument completely ignored the open account nature of the debt.
Maintains open account records, writes monthly and quarterly open account reports, and places regular and emergency supply orders.
Used by employers with no employees or worker hours to report but need an open account for contract bidding process.
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