noun
open account; running account; current account; mutual account
Accounting term for an ongoing account where transactions are settled periodically, often used in business contexts.
取引先との交互計算を月末に締める。
We close the open account with the client at the end of the month.
交互計算契約を結ぶことで、継続的な取引が円滑になる。
By entering into a running account agreement, ongoing transactions become smoother.