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open account

noun
1.
current account (def 1).
Origin
1895-1900
1895-1900
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for open account
  • 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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