If you read your contract with your financial institution it will stipulate the reasons the can close it and some can close it for no reason at all. A financial institution doesnt have an obligation to open an account for you at all; it's pretty much an at-will relationship. Views Â· View Upvotes. , works at ICICI Bank.
billow (plural billows) A large wave, swell, surge, or undulating mass of something, such as water, smoke, fabric or sound Cowper whom the winds waft where'er the billows roll.
Freebase (0.00 / 0 votes) Rate this definition: Billet. A billet is a term for living quarters to which a soldier is assigned to sleep. Historically, it referred to a private dwelling that was required to accept the soldier.