Definition of nominal account in English:

nominal account

Line breaks: nom|in¦al ac|count


  • An account recording the financial transactions of a business in a particular category, rather than with a person or other organization.
    More example sentences
    • All journals are entered straight into their respective nominal account or cost-centre where they show immediately on any reports or enquiries.

More definitions of nominal account

Definition of nominal account in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day astrogation
Pronunciation: ˌastrə(ʊ)ˈgeɪʃ(ə)n
(in science fiction) navigation in outer space