bank statement definition

  • noun:
    • A communication from a bank to people keeping a merchant account because lender, often given month-to-month, detailing the value of holdings because account together with results of all transactions occurring regarding that account.
    • a periodic statement prepared by a bank for each client
    • A communication from a bank to one keeping an account for the reason that bank, frequently released monthly, detailing the value for the holdings in that account in addition to results of all deals occurring with regards to that account.
    • a periodic declaration served by a bank for every single customer

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