passbook

passbook
A customers record of deposits and withdrawals from a savings account at a bank, typically recorded in a small booklet. The bank keeps its own record, which is final in any dispute.

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  • passbook — index ledger Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • 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 — (n.) also pass book, 1828, from PASS (Cf. pass) (v.) + BOOK (Cf. book) (n.); apparently the notion is of the document passing between bank and customer …   Etymology dictionary

  • passbook — ► NOUN ▪ a book issued by a bank or building society to an account holder, recording transactions …   English terms dictionary

  • passbook — [pas′book΄] n. BANKBOOK …   English World 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 — 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 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

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