# account

/əˈkaʊnt/ (US) · /ɐkˈaʊnt/ (UK)

Source: https://englishreference.com/word/account
Updated: 2026-07-22

## Senses

### 1. bank account

noun · CEFR A2

an arrangement with a bank where you keep your money.

For teachers: a formal arrangement with a financial institution to deposit and withdraw funds.

- I need to open a new savings account at the bank tomorrow.
- The auditor requested a full statement of the corporate account to verify the suspicious transactions reported last month.

### 2. a report or story

noun · CEFR B1

a description of an event or something that happened.

For teachers: a narrative or record of events; a report describing a particular experience or situation.

- The witness gave a detailed account of the accident to the police.
- Her published account of the expedition provides a fascinating insight into the challenges of Arctic survival in the nineteenth century.

### 3. digital profile

noun · CEFR A2

your personal profile that lets you use a website or app.

For teachers: a set of credentials providing a specific user with authorised access to a computer system or online service.

- You must create an account before you can post comments on this site.
- The security protocol requires users to update their account passwords every ninety days to prevent unauthorised access to the database.

### 4. business client

noun · CEFR B2

a regular customer or client of a business.

For teachers: a regular client or customer, especially one with whom a business has a credit arrangement.

- The advertising agency just signed a major new account with a car company.
- Losing the regional distribution account was a significant blow to the firm's projected revenue for the fiscal year.

### 5. importance

noun · CEFR C1 · Formal · Literary

the quality of being important or valuable.

For teachers: importance, value, or worth; frequently used in the phrase 'of no account'.

- His opinion was of little account to the rest of the group.
- In the grand scheme of the negotiations, these minor disagreements were of no account compared to the primary trade dispute.

### 6. to consider

verb · CEFR C1 · Formal

to think of someone or something in a particular way.

For teachers: to consider or regard someone or something as being a certain way.

- The event was accounted a great success by everyone who attended.
- The project was accounted a failure by the board, despite the technical innovations it introduced during its development phase.

### 7. to explain

verb · CEFR B2

to give a reason for something or explain why it happened.

For teachers: to provide an explanation or rationale for an occurrence; usually followed by 'for'.

- How do you account for the fact that the money is missing?
- The sudden shift in market sentiment is difficult to account for without considering the impact of the recent political instability.

Usage: Usually used as the phrasal verb 'account for'.

## Examples

- I need to open a new bank account today.
- The witness gave a detailed account of the accident to the police officers at the scene.
- The treasurer provided a full account of the organization's spending over the last fiscal year to ensure transparency for all shareholders.

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From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.