Lexeme: account type  
Very Rare (0.01)
Definition:
  1. noun. An account type refers to the categorization or classification of an account that is used to organize and track financial transactions. It helps to determine the purpose and nature of the account, as well as the rules and regulations that govern its usage and management. Examples of common account types include checking accounts, savings accounts, credit card accounts, investment accounts, and loan accounts. Each account type serves a specific purpose and has its own set of features, benefits, and restrictions. GPT3.5
Word Forms:
  • noun. account type (singular), account types (plural)
Synonyms:
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Abstraction:
Composition:
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Ad hoc Categories:
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Related Concepts:
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