In 1988 Toto released their next album The Seventh One, featuring Jon Anderson of Yes on backup vocals on the single  Stop Loving You . The album's other single,  Pamela , became very popular and would be the band's last to hit the US Top 40. The Seventh One became the band's most successful release since Toto IV.
DEFINITION of 'On Account'. An accounting term that denotes partial payment of an amount owed or the purchase/sale of merchandise or a service on credit.For example, if a firm purchases $5,000 worth of merchandise on account, this refers to the purchase of the goods on credit and a deferral of payment.Next Up.or example, if a firm purchases $5,000 worth of merchandise on account, this refers to the purchase of the goods on credit and a deferral of payment.
A statement of account can be used to determine a bank balance for a certain date. A statement of account will include a record of all checks written during a specified period of time. Did You Know? Global warming has caused the bleaching of some areas of the Great Barrier Reef, killing about 35% of the coral.