bank account definition
Define the meaning of the English word bank account below. Bank account is a noun. Also define these 0 related words and terms: .
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.
- 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.