account-closure

Vocabulary Word

Definition

'Account-closure' is when an account that you hold with a business, such as a bank or an online service, is closed. It doesn’t only mean to stop using it; it means it is permanently closed.

Examples in Different Contexts

On online platforms, 'account closure' may be an option for users wanting to delete their accounts. A support email might include, 'If you wish to proceed with account closure, click the link below and follow the instructions.'

Practice Scenarios

Marketing

Scenario:

A business requested to stop their email marketing service. They want assurance about data confidentiality.

Response:

We should fulfill the account-closure request and ensure that their data is not used further.

Business

Scenario:

Mr. Smith has recently moved abroad and no longer needs his checking account with us. He asked us to help him out.

Response:

I will start the account-closure process for Mr. Smith and make sure all his transactions are completed.