| gen. |
numbered account (A bank account, especially in a Swiss bank, identified only by a number and not bearing the owner's name. EXAMPLE SENTENCES There are no exchange controls; numbered accounts are used and although money laundering legislation is designed to stop criminal activity, tax evasion is not a crime in Andorra. Often, the name associated with a numbered account was a mere formality: ‘Banks didn't ask for ID,' Staley says. But I'm happy with our one joint account – and the Swiss numbered account that I must tell her about some day. OD Alexander Demidov) |
