boundedaccount

noun
UK /ˈbaʊndɪd əˈkaʊnt/
US /ˈbaʊndɪd əˈkaʊnt/

A bounded account is a special money box that has a limit on how much can go in or out.

The school kept its trip money in a bounded account so it could only be spent on the trip.


OTHER MEANINGS

2. A computer login that only lets you do certain things.

The new worker got a bounded account that could open files but not delete them.

3. A story or report that is kept within set limits.

Her diary was a bounded account, covering only the summer months.

4. A bank record with a maximum balance or spending cap.

The club's bounded account could never hold more than five hundred dollars.