Meaning & use

client account

noun·Advanced

Last updated

UK/ˈklaɪənt əˌkaʊnt/
US/ˈklaɪənt əˌkaʊnt/

Meanings

  1. 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.

  2. 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

pluralclient 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

client noun
a person or company that pays for professional services.
clientele noun
all the clients of a business, considered as a group.

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?

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