account-limits

Vocabulary Word

Definition

'Account limits' mean restrictions on how much you can do in your account. This could be limits on how much money you can transfer, or how many emails you can send.

Examples in Different Contexts

For credit cards, 'account limits' indicate the maximum spending limit. A credit analyst might advise, 'Keeping your spending well below your account limit can positively affect your credit score.'

Practice Scenarios

Creative

Scenario:

We've been getting a lot of spam emails lately. Any thoughts on how we can reduce it?

Response:

Enforcing account limits on outgoing communications could be a good way to curb spamming.

Business

Scenario:

Our platform needs to ensure fair user experience for all. Should we implement some rules?

Response:

Yes, setting account limits should work well to maintain balance and control misuse.