Definitions (2)
1. Accounting: (1) Account that has a nonzero debit or credit balance.
(2) An Account with an unpaid balance.
(2) An Account with an unpaid balance.
2. Commerce: Credit relationship in which the buyer pays upon the receipt of goods, or on deferred payment basis.
Business Tips
Cutting Up Store Cards May Result in a Better Credit Score
Many people are just one more card away from witnessing the tragic death of their wallets. The leather strains and stretches to hold in all that easy credit. It's hard not to have an overstuffed walle ... Read more
Related Videos
http://www.businessdictionary.com/definition/open-account.html
