credit account
- noun
- /ˈkrɛdɪt əˈkaʊnt/
- It's been four weeks since anyone gave you any money on a credit account.
- open a credit account
Examples
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When other things crop up, they will need to open up another credit account or do what most people have done over the past 15 to 20 years.
Blog text (26) -
Give me access to all credit accounts.
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Before choosing a house, be sure to avoid any large purchases or shift funds between credit accounts.
Blog text (25) -
He's got a credit account.
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Are you checking your bank and credit account for proper reconciliation (i.e., do your money comings and goings match up to your records)?
Blog text (3) -
You can buy everyday necessities using a credit account and pay for them later.
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Many retailers offer credit accounts to customers who regularly shop with them.
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It's wise to manage your payments carefully when using a credit account to avoid debt.
Synonyms
An amount of money you can borrow now and pay back later
A plan from a bank that lets you borrow up to a set amount
The largest amount a bank allows you to borrow when needed
An agreement to get goods or services now and pay later
An account at a store that lets you buy now and pay later
A payment plan that lets you keep owing money and pay over time
Antonyms
How Much
- Specialized
- Specialized
Surface Forms
Morphology
The meaning is directly derivable from combining 'credit' (a financial arrangement allowing deferred payment) with 'account' (a record or arrangement with a business); together they naturally denote an account that operates on credit terms. This compound follows a common, cross-linguistic commerce logic and standard English noun–noun composition, so a B1 learner who knows both constituents will very likely infer the MWE's meaning.
Etymology
The compound noun credit account comes from two simple ideas: credit meaning the trust a shop gives you to pay later, and account meaning a record of what you owe. So a credit account is an agreement that lets you 'buy now, pay later'.