What does passbook savings account mean?
Definitions for passbook savings account
pass·book sav·ings ac·count
This dictionary definitions page includes all the possible meanings, example usage and translations of the word passbook savings account.
Princeton's WordNet
passbook savings accountnoun
a savings account in which deposits and withdrawals are recorded in the depositor's passbook
ChatGPT
passbook savings account
A passbook savings account is a traditional savings account where all transactions, including deposits, withdrawals, and interest payments, are recorded in a small booklet (the passbook) provided by the bank. The owner of the account updates this book each time a transaction is made. This type of account encourages saving and allows easy tracking of the account's transaction history.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of passbook savings account in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of passbook savings account in Pythagorean Numerology is: 5
Translations for passbook savings account
From our Multilingual Translation Dictionary
- पासबुक बचत खाताHindi
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"passbook savings account." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/passbook+savings+account>.
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