charge account credit
- noun
- The department store offered a charge account credit to frequent shoppers, letting them pay for purchases later.
Examples
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She checked her charge account credit balance before making another large purchase.
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Many retailers offer charge account credits to loyal customers.
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Many retailers restrict the spending limit on a charge account credit based on a buyer's creditworthiness.
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I opened a charge account credit at the local store.
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She checked her charge account credit balance before making another large purchase.
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Many retailers restrict the spending limit on a charge account credit based on a buyer's creditworthiness.
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The department store offered a charge account credit to frequent shoppers, letting them pay for purchases later.
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
Money people borrow to buy things for their home or family not for business
An account at a store that lets you buy now and pay later
A loan you can use again up to a set limit while you repay the balance
An arrangement with a shop that lets a customer buy now and pay later
A borrowing plan that lets you borrow up to a set limit and use it again as you repay
A payment plan that lets you keep owing money and pay over time
An agreement with a bank that lets a person borrow money up to a set limit when needed
An agreement with a bank that lets a person borrow money up to a set limit when needed
How Big
- Specialized
- Specialized
Surface Forms
Morphology
The overall sense — an account that allows purchases on credit — is directly inferable from the constituents: 'charge' (to bill/put a cost on), 'account' (a customer account), and 'credit' (a financial arrangement to pay later). This is a straightforward financial composition (similar patterns exist in other languages), so a B1 learner who knows the component words would readily grasp the meaning.
Etymology
Charge account credit comes from old shops where the shopkeeper would write a buyer's purchases on their account and charge them, giving the buyer credit, or trust to pay later. That's why charge account credit today means a line that lets you 'buy now, pay later' up to a set limit.