suspense account

1. 1.

   an account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification

   Broaderaccount

Questions about suspense account

What does suspense account mean?

suspense account means "an account used temporarily to carry doubtful receipts and disbursements or discrepancies pending their analysis and permanent classification".

Is suspense account a common word?

suspense account is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.