Skip to content
ARCHIEENGLISH
LearnPlayWordsRanking
  • Learn
  • Play
  • Words
  • Ranking
  • Mine
← Vocabulary

bank account

nounB1Not compared — the two pools are counted one word at a time, so a phrase has no score

A bank account is the arrangement with a bank that holds your money and lets you pay in and draw out. A number, a sort code and a balance.

The main types are a current account for everyday use and a savings account for money you are leaving alone. Opening one requires proof of identity and address, which is why people without a fixed address struggle, and being unbanked makes almost everything else harder. Joint accounts give both holders full access, which matters more than most couples realise.

Definitions of bank account

  1. 1nounbank accountAn arrangement with a bank for holding and moving money.B1

    “The money went straight into her bank account.”

Where it comes from

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.

Etymology from Wiktionary, CC BY-SA

Practise this word