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Purpose of the account
Grammar usage guide and real-world examples

USAGE SUMMARY

The part of the sentence "purpose of the account" is correct and usable in written English
You can use it to explain the intended use of an account, such as when opening a bank account. For example, "I'm opening a savings account for the purpose of saving for a new car."

✓ Grammatically correct

Academia

News & Media

Wiki

Table of contents

Usage summary

Human-verified examples

Expert writing tips

Linguistic context

Ludwig's wrap-up

Alternative expressions

FAQs

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

Such credited amount may be used for any authorized purpose of the account and shall remain available until expended.

Academia

Cornell University

One undercover agent was able to register accounts under names like "Joe Bogus" and describe the purpose of the account as "for cocaine" without being questioned, officials said.

News & Media

The New York Times

The purpose of the account, according to a source with knowledge of its creation, was to make that information public and thereby get around restrictions on information access built into an internal app used by top Democratic Party officials to share crucial campaign data.

News & Media

Huffington Post

Be prepared to provide the bank or credit union of your choice with the following information: The purpose of the account, including how the funds will be dispersed and what they will be used towards.

Wiki

WikiHow

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

"Depending on the purpose of the accounts, the level of detail will vary, with typically the date being recorded along with the type of expenditure and of course the value itself".

News & Media

The Guardian

Each investment shall be made in an interest-bearing obligation of the United States or an obligation guaranteed both as to principal and interest by the United States that, as determined by the Architect, has a maturity date suitable for the purposes of the account.

Academia

Cornell University

For the purpose of this Account, we define self-assembly as those processes that result in the transformation of a set of building blocks into one well-defined aggregate under a specific set of conditions (Scheme 1a).

Science

Accounts of Chemical Research

When a naval vessel is lost or has not been heard from for so long that her loss may be presumed, the Secretary of the Navy may fix the date of loss of the vessel for the purpose of settling the accounts of persons aboard other than officers.

Academia

Cornell University

It also evolved the purpose of the personal account, which is now used in tandem with a business account to pay freelancers who may be based in other countries and have to deal with inconvenience and paperwork to get paid.

News & Media

Forbes

For the purposes of this Account, the major structural features necessary for activity are the C13 N-acyl-β-phenylisoserine side chain or some variation of it, an acyl group at C4, and the C2 benzoate group or some variation thereof.

Science

Accounts of Chemical Research

This purpose of this account is often threefold.

News & Media

Huffington Post

Expert writing Tips

✓ Best practice

When opening a new account, clearly define the "purpose of the account" upfront to ensure it aligns with your financial goals and to comply with institutional requirements.

⚠ Common error

Avoid providing a generic or overly broad "purpose of the account", as this may raise suspicion or limit the account's functionality. Be specific and transparent about your intended use.

Antonio Rotolo, PhD

Digital Humanist | Computational Linguist | CEO @Ludwig.guru

Linguistic Context

The phrase "purpose of the account" functions as a noun phrase that describes the reason or intention behind establishing or using a specific account. It is often used in contexts where clarity and transparency about the account's use are required. Ludwig AI confirms its correct usage.

Expression frequency: Rare

✓ Frequent in

Academia

25%

News & Media

50%

Wiki

25%

⚠ Less common in

Science

Formal & Business

Encyclopedias

Ludwig's WRAP-UP

The phrase "purpose of the account" describes the intended use of a financial or other type of account. While grammatically correct and generally clear, its frequency is relatively rare. As confirmed by Ludwig, the phrase is used across a range of contexts, including academia, news, and general informational guides, though its usage isn't heavily concentrated in any single domain. Understanding the purpose upfront is crucial for compliance and managing account functionality. Be specific when defining this purpose to avoid issues with the institution. Alternatives include "reason for the account" or "objective of the account", depending on the level of formality required.

Alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

reason for the account

Focuses on the rationale or justification for having the account.

intention of the account

Highlights the intended use or objective of the account.

objective of the account

Emphasizes the specific goal or outcome the account is designed to achieve.

aim of the account

Indicates the general direction or ambition behind the account's existence.

function of the account

Highlights the practical role or service the account provides.

use of the account

Focuses on how the account is employed or utilized.

More alternative expressions(6)

purpose of the computation

purpose of the calculation

subject of the account

purpose of the count

purpose of the reflection

purpose of the narrative

FAQs

How to use "purpose of the account" in a sentence?

You can use "purpose of the account" to describe the intended use for which an account is opened, for example: "The "purpose of the account" is to save for a down payment on a house."

What's a more formal way to say "purpose of the account"?

In a professional setting, you might prefer phrases like "objective of the account" or "intended use of the account" for a more formal tone. These alternatives emphasize the strategic or functional aspect.

Is it necessary to declare the "purpose of the account" when opening one?

Yes, financial institutions often require you to state the "purpose of the account" to comply with regulations like KYC (Know Your Customer) and to prevent illicit activities. Being transparent ensures smoother transactions and avoids potential issues.

What happens if I use the account for a different "purpose" than what I initially stated?

Using an account for a significantly different "purpose" than initially stated could lead to investigation or restrictions on the account. It's best to inform the financial institution if your intended use changes.

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Table of contents

Usage summary

Human-verified examples

Expert writing tips

Linguistic context

Ludwig's wrap-up

Alternative expressions

FAQs

Source & Trust

86%

Authority and reliability

4.5/5

Expert rating

Real-world application tested

Most frequent sentences:

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Purpose of the accountGrammar usage guide and real-world examples

Purpose of the account
Grammar usage guide and real-world examples