Meaning of the word "on one's own account" in English

What does "on one's own account" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

on one's own account

US /ɑn wʌnz oʊn əˈkaʊnt/

UK /ɒn wʌnz əʊn əˈkaʊnt/

for one's own benefit or at one's own risk; independently

Example:

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After years of working for others, she decided to start a business on her own account.

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He is not representing the company; he is here on his own account.