/ English Dictionary |
DORMANT ACCOUNT
Pronunciation (US): | ![]() | (GB): | ![]() |
I. (noun)
Sense 1
Meaning:
A savings account showing no activity (other than posting interest) for some specified period
Example:
the dormant account reverted to the state under escheat laws
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("dormant account" is a kind of...):
savings account (a bank account that accumulates interest)
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