Bank Account (Noun)
Meaning
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".
Classification
Nouns denoting possession and transfer of possession.
Examples
- She carefully reviewed her bank account statement to ensure all transactions were correct.
- The bank required a minimum balance to be maintained in the bank account to avoid monthly fees.
- He moved his bank account to a new bank that offered higher interest rates and better customer service.
- The company's bank account was frozen due to suspicious activity, pending further investigation.
- To receive her paycheck, she had to provide her employer with her bank account information.