How Do You Spell BUSINESS ACCOUNT?

Pronunciation: [bˈɪznəs ɐkˈa͡ʊnt] (IPA)

Business account is spelled as /'bɪznəs əˌkaʊnt/, according to the International Phonetic Alphabet. The spelling of this word is based on the sounds that make up the word when it is pronounced. The 'b' sound at the beginning of the word is followed by a short 'i' sound, then a 'z' sound, and an 'n' sound. The second syllable of the word starts with a schwa sound, followed by a hard 'k' sound, and ends with a 't' sound. This spelling accurately represents the sounds of the word 'business account'.

BUSINESS ACCOUNT Meaning and Definition

1. A business account refers to a financial arrangement specifically designed for businesses, enabling them to manage their financial transactions and funds. It is a specialized account offered by banks or financial institutions that provide numerous advantages and features tailored to meet the specific needs of a business.

   A business account typically includes services such as chequebook issuance, debit and credit card facilities, online banking, Electronic Funds Transfer (EFT), and overdraft facilities. These services are particularly beneficial for handling day-to-day operations, making and receiving payments, managing expenses, and keeping track of financial activities.

   Business accounts differ from personal accounts in various aspects. They allow companies to separate their personal finances from business finances, which is essential for maintaining transparency, accuracy, and efficiency in accounting. Additionally, business accounts often come with higher transaction limits and lower fees compared to personal accounts, considering the larger volume of financial activities associated with businesses.

   Business accounts also provide additional features like cash management services, foreign currency exchange, payroll processing, and merchant services that allow businesses to accept payments from customers via credit cards or other electronic means.

   In summary, a business account is a specialized financial tool that empowers businesses to effectively manage their finances, process transactions, and access numerous banking services tailored to their specific requirements.

Common Misspellings for BUSINESS ACCOUNT

• vusiness account
• nusiness account
• husiness account
• gusiness account
• bysiness account
• bhsiness account
• bjsiness account
• bisiness account
• b8siness account
• b7siness account
• buainess account
• buziness account
• buxiness account
• budiness account
• bueiness account
• buwiness account
• busuness account
• busjness account
• buskness account
• busoness account

Etymology of BUSINESS ACCOUNT

The word "business" comes from the Old English word "bisignes", which originally meant "anxiety" or "care", and later evolved to refer to the task or occupation that causes anxiety or care. The term "account" has Latin origins, derived from the word "computare" meaning "to calculate". The combination of these words, "business account", refers to a specialized type of financial account maintained by a business or organization to record its financial transactions.

Plural form of BUSINESS ACCOUNT is BUSINESS ACCOUNTS