The phrase "based on account" is correct and usable in written English.
It is typically used to describe something that is influenced or determined by a particular explanation or report. Example: The decision to hire a new CEO was based on accounts of his successful leadership at his previous company.
"Although this approach would allow most Madoff account holders to receive payments on their claims, those payments would be based on account balances reflecting amounts that Madoff himself concocted that bear no relation to reality," he said.
Our proposal would promote brokerage compensation practices that better align the interests of customers and brokers by enabling brokers to charge fees based on account assets instead of transactions.
"Determining when and how many employees to hire is a bit tricky for our business as the demand for services varies based on account growth, seasonality, geography of homeowner addresses and customer requests," said Mr. Johnson, who started the company four years ago.
"I'd emphasize that our technology is based on account *behavior* not the content of Tweets".
Since 2008′s required payouts were based on account balances at the end of 2007, before the market tanked, they caused a painful shrinkage in IRA balances.
The application, called BotOrNot, is available publicly online and provides a predictive analysis based on account activity and tweet semantics which suggest whether the account operator is likely to be a human or a bot.
He had been unemployed since last November, and, based on accounts of his employment record, one wonders why it took so long.
Yet China proclaims, based on accounts that stand little scrutiny, that 300,000 or more were killed.
"He's an innocent bystander," Mr. Herbert said, based on accounts he heard from witnesses.
