Meaning Of The Word On account

Real Dictionary

What's the definition of On account? Find On account meanings, definitions and more at the Real Dictionary online.

On account Meaning

On account Definition
On account Definition

What's The Definition Of On account?

on account
phrase: If you buy or pay for something on account, you pay nothing or only part of the cost at first, and pay the rest later.

on account in Accounting
phrase: If you buy something on account, it is charged to your account, and the vendor will invoice you for it later.

on account in American English
as an installment or a partial payment
on a charge account; on the installment plan

on account in British English
on credit

on account in Retail
phrase: You buy things on account when you buy them using a credit account with a supplier or store, and pay for them later.

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