bank account

Meaning

A fund, held by a bank in a contractual arrangement between the bank and the owner of the fund, a customer of the bank, into which they can deposit and from which they can withdraw money.

Synonyms

banking account

deposit account

deposits and savings

Etymology

Originally referring merely to the registry of transactions (deposits, withdrawals) for a fund held by a bank, the sense came to encompass the fund being held.

Notes

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