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bank account

noun

  1. arrangement with bank for deposit and withdrawal of money
L1380761 on Wikidata ↗

Wiktionary

noun

Etymology: 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.

  1. A fund, held by a bank in a contractual arrangement between the bank and the owner of the fund, a customer of the bank, into which they can deposit and from which they can withdraw money.