- noun a spoken or written report about something
- noun a record of financial transactions over a period of time, such as money paid, received, borrowed or owed
- noun a structured record of financial transactions that may be maintained as a list or in a more formal structured credit and debit basis
- noun a customer who does a large amount of business with a firm and has an account with it
- noun a record of a user’s name, password, and rights to access a network or online system
- verb to keep track of how much time and resources each user of a network or online system uses
- noun the period during which shares are traded for credit, and at the end of which the shares bought must be paid for. On the London Stock Exchange, the account period is three business days from the day of trade.
- A financial arrangement in which a bank or broker trades currencies on behalf of an investor. There is considerable variation in the terms offered for forex accounts, including such things as leverage amounts, commissions and spreads, initial deposits, and account funding and withdrawal policies.
- (written as Account)Either (1) a record of financial transactions covering a period, which is usually a year or (2) an agreement between buyer and seller that the seller will not expect to be paid until an agreed date.
- noun an arrangement which a customer has with a shop or supplier to buy goods and pay for them at a later date, usually the end of the month
- plural noun detailed records of a company’s financial affairs
- noun an arrangement which a company has with an advertising agency, where the agency deals with all promotion for the company
- noun an area of business such as design or publicity, that one company handles on behalf of another
- verb to give an explanation of some event or situation, especially a bad one
Origin & History of “account”
Account is of Old French origin. It was formed from compter, conter ‘count’ (which derived from Latin computāre) and the prefix a-. Its original meaning in English, too, was ‘count’ or ‘count up’; this had disappeared by the end of the 18th century, but its specialized reference to the keeping of financial records is of equal antiquity. Account for, meaning ‘explain’, arose in the mid 18th century.