Definition of budget account in English:

budget account

noun

British
  • An account with a bank, store, or public utility into which one makes regular payments to cover bills.

    • ‘Clients can arrange a simple budget account through the centre to help them pay their priority debts.’
    • ‘However, it has also had to restrict the amount of money allocated to many of the budget accounts.’
    • ‘Instead, it refers to the proposals it put forward last month to introduce individual budget accounts.’
    • ‘But money funds are well worth considering for your emergency capital reserve, as compared with the monthly cash flow and budget account you maintain in your local or offshore bank.’
    • ‘As the premier Department store in the city, Shaws Waterford boasts an excellent mix of departments, carries top brands, has a well-trained staff and runs a very attractive budget account system for customers.’

Pronunciation

budget account