open account business

  • 1open account — noun 1. credit extended by a business to a customer • Syn: ↑credit account, ↑charge account • Hypernyms: ↑open end credit, ↑revolving credit, ↑charge account credit • Hyponyms: ↑ …

    Useful english dictionary

  • 2Open account — Arrangement whereby sales are made with no formal debt contract. The buyer signs a receipt, and the seller records the sale in the sales ledger. The New York Times Financial Glossary * * * open account UK US noun [C or U] E COMMERCE, COMMERCE ►… …

    Financial and business terms

  • 3open account — Arrangement whereby sales are made with no formal debt contract. The buyer signs a receipt, and the seller records the sale in the sales ledger . Bloomberg Financial Dictionary * * * open account UK US noun [C or U] E COMMERCE, COMMERCE ► an… …

    Financial and business terms

  • 4OPEN — Period (OPEN) The period that defines when the trading service is opened. London Stock Exchange Glossary * * * ▪ I. open open 1 [ˈəʊpən ǁ ˈoʊ ] adjective [not before a noun] 1. COMMERCE if a shop, bank, restaurant etc is open, it is allowing… …

    Financial and business terms

  • 5Open-cis — is a GUI based, full featured, and comprehensive customer information and billing system (CIS) owned by Accenture. Open cIS is designed on a flexible three tiered (client/server/database) component object model (COM+) platform in such a way that… …

    Wikipedia

  • 6Open University — is also the name of other institutions. See Distance education or the Open Universities category for a list. The Open University Motto Learn and Live Established …

    Wikipedia

  • 7account — I (evaluation) noun appraisal, assessment, com pre rendu, enumeration, financial statement, ledger, list of receipts and payments, ratio, register, statement, statement of debits and credits, statement of pecuniary transactions, tally, valuation… …

    Law dictionary

  • 8open — 1 adj 1: exposed to general view or knowledge: free from concealment an open, notorious, continuous, and adverse use of the property an open and obvious danger ◇ When a defect, hazard, or condition is open such that a reasonable person under the… …

    Law dictionary

  • 9account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you …

    Financial and business terms

  • 10open — 1) The first price of the day for a contract on a securities or futures exchange. Futures exchanges post opening ranges for daily trading. Due to the fast moving operation of futures markets, this range of closely related prices allows market… …

    Financial and business terms