charge account
Buy now, later
A charge account is a credit arrangement with a store or business that lets customers buy now and pay later, typically billed monthly.
The term is somewhat old-fashioned, largely replaced by credit card accounts: She put the dress on her charge account at the department store.
- department storeLarge multi-section retail establishment
- ledgerFinancial record book
- revolving creditReusable loan with limit
- creditRecognition or payment deferral
- paymentFulfilling a financial obligation
deferred payment · credit utilization · limit · installment plan · credit history · cash-back · balance · interest rate · finance · buy now pay later · billing · secured credit · creditworthiness · chargeback · store credit · consumer debt · collections · annual percentage rate
- credit termsloans, installment loan, credit limits, monthly payment, credit cards
- creditcredit card, credit score, credit limit, credit cards, credit scores
payment timing
charge accountcash
Ready spending funds
cash payment · cash on delivery · COD · prepayment · layaway
charge, account, charges, charged, charging, charger, chargers, recharge, recharged