An active account refers to a type of account that is actively being used by an individual. Synonyms for this term include live account, functioning account, operational account, and current account. These terms are used to describe a financial or electronic account that is regularly being accessed, used, or updated. The term active account is commonly used in banking and finance to indicate an account that is not dormant or inactive. Having an active account is essential for ensuring that transactions can be made smoothly and with minimum disruptions. Overall, an active account is a crucial component of financial management.