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What is a charge account?

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An account where a specified amount of funds are made available for one to use in purchasing various items on credit. A 'line of credit' is generally issued and cannot be exceeded under normal circumstances.

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First answer by Bozidar. Last edit by Bozidar. Contributor trust: 562 [recommend contributor]. Question popularity: 12 [recommend question]

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From what age can a american have a charge account in their own name?