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Translations for „credit account“ in the English » German Dictionary (Go to German » English)

credit on current account N INV-FIN

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
Each worker had an open credit account by virtue of his/her wages.
en.wikipedia.org
The cash credit account is similar to current accounts as it is a running account (i.e., payable on demand) with cheque book facility.
en.wikipedia.org
But unlike ordinary current accounts, which are supposed to be overdrawn only occasionally, the cash credit account is supposed to be overdrawn almost continuously.
en.wikipedia.org
She claimed that she had been obviously mentally incompetent when she had opened her credit account and that the credit card company should have realized that.
en.wikipedia.org
Generally, a cash credit account is secured by a charge on the current assets (inventory) of the organization.
en.wikipedia.org

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