dormant account
- noun
- /ˈdɔrmənt əˈkaʊnt/
- Formal
- The bank closes any dormant account that remains unused for more than two years.
Examples
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Interest continued to accumulate in his dormant account despite the lack of transactions.
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After discovering a dormant account, she needed to provide identification to reactivate it.
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I have a dormant account at my local bank.
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The bank charges fees for maintaining a dormant account.
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The bank sent a notice to customers informing them about their dormant account that had not seen any activity for over a year.
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After several months of inactivity, Sarah discovered that her savings had become a dormant account, earning only minimal interest.
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To avoid fees, customers must reactivate their dormant account before the end of the year.
Antonyms
How Active
- Formal
Surface Forms
Morphology
The adjective 'dormant' (temporarily inactive) directly modifies 'account' (a record of transactions), yielding the clear compositional meaning 'an account that has been inactive for a period.' This straightforward adjective+noun combination follows regular English compounding and is cross-linguistically transparent in banking contexts, so a B1 learner who knows both words should be able to infer the MWE meaning.
Etymology
Dormant account comes from the idea of dormant meaning 'sleeping' and an account left unused. Picture the account as if it is sleeping and only earning a little interest while no one uses it; that's why it means 'an account with no customer activity'.