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.
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Phil Helsel, NBC News, 5 Aug. 2023
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.
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“Suspense account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/suspense%20account. Accessed 24 Apr. 2024.
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