Charge Account (Noun)
Meaning
Credit extended by a business to a customer.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company allowed its regular customers to open a charge account, enabling them to purchase goods on credit.
- She asked the store manager if she could set up a charge account to buy furniture for her new apartment.
- The retailer offered a charge account option to its loyal customers, with a monthly payment plan.
- He applied for a charge account at the electronics store, so he could buy a new TV on credit.
- The department store allowed her to use her charge account to purchase clothes, shoes, and accessories.