Meaning Of The Word On account

Real Dictionary
  1. Real Dictionary
  2. O Words Definitions
  3. Section O-058
  4. On account

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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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