Chequing Account (Noun)
Meaning
A bank account against which the depositor can draw checks that are payable on demand.
Classification
Nouns denoting possession and transfer of possession.
Examples
- She set up a chequing account at the bank to manage her everyday expenses.
- The company's accountant used the chequing account to pay its employees' salaries.
- He wrote a cheque from his chequing account to pay for the new laptop.
- The bank offered a low-fee chequing account option for students and seniors.
- To pay the rent, she transferred the funds from her savings account to her chequing account.