annual account

noun

Definitions of annual account

English

(also: intermediate account) an account filed following the filing of a first account and before the filing of the final account. This type of account is also called an intermediate account.

The Annual Account shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant.

English

a sum of money that is paid once a year in return for some kind of service, such as a yearly subscription to a website

You may cancel your monthly or annual account for the Service during any free trial or free access period without charge.