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Noun: checking account
Usage: US (elsewhere: current account)
  1. A bank account against which the depositor can draw checks that are payable on demand
    - chequing account [Cdn], current account [Brit]
     
  2. That part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments
    - current account [Brit]

Derived forms: checking accounts

Type of: accounting, bank account

Part of: balance of international payments, balance of payments

Encyclopedia: Checking account