- passbook account
- /'pɑ:sbυk əˌkaυnt/ nounan account which carries a passbook
Dictionary of banking and finance. 2015.
passbook account
Look at other dictionaries:
passbook — UK US (also pass book) /ˈpɑːsbʊk/ US /ˈpæsbʊk/ noun [C] (also bankbook) ► a small book that is used to record how much money is in a customer s bank account … Financial and business terms
passbook — ► NOUN ▪ a book issued by a bank or building society to an account holder, recording transactions … English terms dictionary
Passbook — This article is about the bank document. For the former South African passbooks, see Pass laws. Sample passbook (open), containing the same transactions as the bank statement A passbook or bankbook is a paper book used to record bank transactions … Wikipedia
Passbook Loan — A personal loan extended to a savings account holder by the custodial bank. Passbook loans use the balance of the savings account as collateral for the loan. The amount of the loan therefore cannot exceed the savings account balance. Passbook… … Investment dictionary
passbook savings account — noun a savings account in which deposits and withdrawals are recorded in the depositor s passbook • Hypernyms: ↑savings account * * * a type of savings account in which transactions are entered into a passbook in the possession of the account… … Useful english dictionary
passbook savings account — a type of savings account in which transactions are entered into a passbook in the possession of the account holder. Cf. statement savings account. * * * … Universalium
passbook — UK [ˈpɑːsˌbʊk] / US [ˈpæsˌbʊk] noun [countable] Word forms passbook : singular passbook plural passbooks 1) British a small book showing the amounts of money that you put into and take out of your account in a building society 2) South African an … English dictionary
passbook — [[t]pɑ͟ːsbʊk, pæ̱s [/t]] passbooks N COUNT A passbook is a small book recording the amount of money you pay in or take out of a savings account at a bank or building society. [BRIT] … English dictionary
passbook — / pɑ:sbυk/ noun a book given by a bank or building society which shows money which you deposit or withdraw from your savings account or building society account ▪▪▪ ‘…instead of customers having transactions recorded in their passbooks, they will … Dictionary of banking and finance
passbook — A book carried by the customer of a bank in which the teller enters the amount and date of a deposit made. 10 Am J2d Bks § 347. A small account book carried by a shareholder in a building and loan association, showing the state of his account, at … Ballentine's law dictionary
