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budget account

British  

noun

  1. an account with a department store, etc, enabling a customer to make monthly payments to cover his past and future purchases

  2. a bank account for paying household bills, being credited with regular or equal monthly payments from the customer's current account

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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