noun
account
uh-KOWNT/əˈkaʊnt/
A record of money held, owed, or exchanged for a person or organization.
The customer reviews her account with the bank worker.
Etymology
A financial reckoning became a statement of money received, paid, or held. From business dealings requiring such records, account came to mean the arrangement for keeping money in a bank.
In context
When criminals want to hide money and hide themselves, they go offshore. And an offshore account is simply a bank account held in another country
More examples
- A deposit appeared in my account this morning.
- We opened separate accounts for the two projects.
- The accountant checked every account before closing the books.
Forms
account · accounts
accountant noun — Someone who prepares or checks financial records.
Similar words
- ledger
- The record containing accounts rather than one account itself.
- balance
- The amount currently held or owed rather than its full record.