Meaning & use
client account
Last updated
Meanings
nouncountablelawfinance
a bank account that a lawyer, accountant, or other professional keeps for money belonging to clients.
Grammar: Use it with an or the: open a client account; the money stays in the client account.
Patterns
- open a client account
- put money in a client account
- hold funds in a client account
The law firm keeps each client's money in a separate client account.
Regulations require that deposits be paid into a client account within three days.
nouncountablebusinesscomputing
a customer's online profile with a company, used to manage orders, payments, or services.
Grammar: Often used in business software: log in to your client account.
Patterns
- log in to a client account
- manage a client account
- set up a client account
She logged into the client account to update the billing details.
Our support team can view your client account but cannot change your password.
Word forms
| plural | client accounts |
|---|
Common combinations
- separate client account
- All client funds must be held in a separate client account.
- client account rules
- The new client account rules make monthly reconciliation mandatory.
- pay into a client account
- The buyer paid the deposit into the lawyer's client account.
- client account balance
- The client account balance should match the total owed to clients.
Synonyms and how they differ
- trust account
- Very close in meaning, but more common in American English and in trust-law contexts.
- escrow account
- A neutral third party holds the money; a client account is held by your own professional adviser.
Word family
Commonly confused: client account or customer account?
client account vs customer account
A customer account belongs to a buyer in a shop or service; a client account is money held by a professional for a client.
Practice
A solicitor receives a deposit from a client. Where should the money be kept until the deal is completed?
Choose one answer.
Client money must be kept separately in a client account. A current or savings account is a personal account and would mix the client's money with the firm's own funds.
Make it your own
Write a sentence using “client account”, then check it and compare it with the examples above.