passbook definition

  • noun:
    • See bankbook.
    • A book by which a merchant documents credit sales.
    • A document previously issued to a Black person in South Africa and always enforce particular appropriate and economic limitations under the apartheid system. Also called guide book.
    • an individual's record of deposits and distributions from a savings account at a bank, usually recorded in a small booklet. The lender keeps its record, that will be last in almost any dispute.
    • accurate documentation of build up and withdrawals and interest held by depositors at specific finance companies

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