What does bank account mean?

Definitions for bank account
bank ac·count

This dictionary definitions page includes all the possible meanings, example usage and translations of the word bank account.

Princeton's WordNet

  1. bank accountnoun

    a fund that a customer has entrusted to a bank and from which the customer can make withdrawals

    "he moved his bank account to a new bank"

Wiktionary

  1. bank accountnoun

    a fund deposited by a customer (the depositor) in a bank from which they can make withdrawals

  2. bank accountnoun

    the formal relationship established between the depositor and the bank

  3. bank accountnoun

    a statement summarizing credit and debit transactions with the account

Wikipedia

  1. Bank account

    A bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. Each financial institution sets the terms and conditions for each type of account it offers, which are classified in commonly understood types, such as deposit accounts, credit card accounts, current accounts, loan accounts or many other types of account. A customer may have more than one account. Once an account is opened, funds entrusted by the customer to the financial institution on deposit are recorded in the account designated by the customer. Funds can be withdrawn from loan loaders. The financial transactions which have occurred on a bank account within a given period of time are reported to the customer on a bank statement, and the balance of the accounts of a customer at any point in time is their financial position with the institution.

ChatGPT

  1. bank account

    A bank account is a financial account maintained by an individual, business, or institution with a bank or other financial institution. It allows the account holder to deposit money, make withdrawals, and typically earn interest, subject to the terms and conditions set by the institution. Bank accounts can also be used for payment transactions such as paying bills and transferring money to other accounts. Common types include checking accounts, savings accounts, and business accounts.

Wikidata

  1. Bank account

    A bank account is a financial account between a bank customer and a financial institution. A bank account can be a deposit account, a credit card, or any other type of account offered by a financial institution. The financial transactions which have occurred within a given period of time on a bank account are reported to the customer on a bank statement and the balance of the account at any point in time is the financial position of the customer with the institution. a fund that a customer has entrusted to a bank and from which the customer can make withdrawals.

Editors Contribution

  1. bank account

    A type of account with a community bank or nationalized bank.

    The bank account is easily accessed when required.


    Submitted by MaryC on January 20, 2021  

Matched Categories

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How to say bank account in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of bank account in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of bank account in Pythagorean Numerology is: 6

Examples of bank account in a Sentence

  1. Andrew Michaels:

    I'd rather be with a woman who has things in common with me and is intelligent than a brainless, self centered trophy who is only concerned about where her next pair of Manolo Blahnik's are coming from and how much money she can take from your bank account.

  2. Chief Executive Larry Fink:

    It makes sense in the U.S. economy, it makes much less sense in economies where most of the pool of assets of individuals are sitting in a bank account. I see negative impact. That is why I've always questioned monetary policy without a large, I would say, equity culture. That's really what's happened in Japan and in Europe.

  3. Tracy Stewart:

    Gemma Allen says. To keep your relationship as blissful as possible, talk about how you ’ll split expenses such as rent, food and utilities, along with unexpected items such as car repairs or if a baby comes along. Consider opening a joint bank account in addition to your regular accounts to pay for shared expenses. You may not want to split every expense either, so decide what will be kept separate and if you ’ll want to discuss individual purchases over a certain dollar limit. Since you may cohabitate for a long time or eventually marry, talk about short - and long-term financial goals. Think about the financial impact of these goals and how you ’ll work together to achieve them, save for shared goals in separate accounts and contribute the amount that Gemma Allen agree Gemma Allen can each afford.

  4. Facebook Messenger:

    This was clearly a breach of trust. However, it's important to remember that no bank account details, credit card information or national ID numbers were shared, most people gave the app at issue here access to information like their public profile as well their page likes, friend list and birthday. It was the same for friends whose settings allowed sharing.

  5. Texas Sen. Ted Cruz:

    His actions demonstrate that the only thing he's cared about is putting money in his bank account.


Translations for bank account

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"bank account." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/bank+account>.

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