public account
noun[C]
ukusBANKING,GOVERNMENT
abankaccountin which agovernmentdepartmentor othergovernmentorganizationkeepsitsmoney:
Parliamentaryauthorisationforpaymentsfrom the Public Account is notrequired.
public accounts[plural]
GOVERNMENT,FINANCE
the set ofofficialrecordsthat show thefinancialsituationofgovernmentdepartmentsand what they havespent,received,borrowed, etc. in aparticularperiod:
At the end of theyear, theobjectiveof thegovernmentcentredonbalancingthepublicaccounts, putting offgrowth.