on account

on account
on account
[money paid or owed] on a debt. •

I paid twelve dollars on account last month. Wasn't that enough?

I still have $100 due on account.

* * *
{adv. phr.} As part payment of a debt; to lessen the amount owed. * /John paid $10 down and $5 on account each month for his bicycle./

Dictionary of American idioms. 2013.

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