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Definition account in British English

account noun

noun
/əˈkaʊnt/

▪ blow-by-blow, brief, conflicting, detailed, eyewitness, first-hand, full, vivid

1

an arrangement in which a bank looks after your money. You can deposit (=put in) or withdraw (=take out) money when you need to

Example

There was only £50 in his bank account.

Example

an overdrawn account (=one from which you have taken more money than you have put in)

Example

How do I open an account (=start having an account) with your bank?

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2

a detailed record that a business keeps of the money it receives and spends in a particular period of time

Example

The accounts showed a loss of £498 million.

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2.1

the part of an organization that keeps records of the money it receives and spends

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3

an arrangement you have with a shop or other business that allows you to pay for goods or services later

Example

I have an account with Marks and Spencer.

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3.1

a record showing how much you owe a shop or other business for goods or services that you have received

Example

I'll settle my account in the morning.

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4

a company that regularly buys goods or services from another company

Example

We now have over 30 major accounts.

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5

an arrangement you have with a company or Internet provider to use a service they provide

Example

Do you have an email account?

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6

a written or spoken report about something that has happened

Example

a brief account of the meeting

Example

He was too shocked to give a clear account of events.

Example

an eyewitness account of a brutal beating

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6.1

a detailed description of how or why something happens

Example

The study aims to give an account of modern attitudes towards democracy.

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7

to use something to good advantage, to take advantage of something

Example

Both Sourav and Shreyansh are voracious readers and they can turn such reading skills to good account in their economic research.

Definition account in British English