open account

noun
current account ( def 1 ).

Origin:
1895–1900

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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WordNet
open account

noun
1. credit extended by a business to a customer [syn: credit account
2. an unpaid credit order 
WordNet® 3.0, © 2006 by Princeton University.
Cite This Source
00:10
Open account is always a great word to know.
So is quincunx. Does it mean:
a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.
an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.
Example sentences
The statute of limitations argument completely ignored the open account nature of the debt.
Used by employers with no employees or worker hours to report but need an open account for contract bidding process.
Maintains open account records, writes monthly and quarterly open account reports, and places regular and emergency supply orders.
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