bank statement
1 of 1noun/ˈbæŋk ˈsteɪtmənt/
Forms:bank statements
1
a document given by a bank to an account holder, providing a summary of all financial transactions within a specified period
B2Learn more on Wikipedia- John reviewed his bank statement to reconcile his records with his monthly expenses.
- The bank statement showed unauthorized transactions, prompting the account holder to report fraud to the bank.
- Bank statements are essential for tracking spending habits and managing personal finances effectively.
- Businesses use bank statements to monitor cash flow and reconcile accounts payable and receivable.
- Online banking allows customers to access and download their bank statements electronically for convenience and record-keeping purposes.