suspense account

noun

: an account for the temporary entry of charges or credits or especially of doubtful accounts receivable pending determination of their ultimate disposition

Examples of suspense account in a Sentence

Recent Examples on the Web When those people or entities can’t be found, the funds are placed in a suspense account and eventually get turned over to states, according to court documents. Phil Helsel, NBC News, 5 Aug. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'suspense account.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1851, in the meaning defined above

Time Traveler
The first known use of suspense account was in 1851

Dictionary Entries Near suspense account

Cite this Entry

“Suspense account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/suspense%20account. Accessed 19 Jul. 2024.

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