An account with a nonzero credit or debit balance, a credit or charge account initiated by the creditor on the basis of credit standing, or mutually agreed-upon payment terms.
Related information about open account:
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Noun, 1. open account - credit extended by a business to a customer. charge account, credit account · charge account credit, open-end credit, revolving credit - a ...
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An open account transaction is a sale where the goods are shipped and ... export markets, foreign buyers often press exporters for open account terms.
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Definition of open account: Accounting: (1) Account that has a nonzero debit or credit balance. (2) An Account with an unpaid balance.
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Oct 24, 2012 ... TreasuryDirect - Open an Account. Choose an application: TreasuryDirect (for Treasury Bills, Notes, Bonds, TIPS, and savings bonds) ...
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