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Bank statement
01
a document given by a bank to an account holder, providing a summary of all financial transactions within a specified period
bank statement
n
Example
Bank statements are essential for tracking spending habits and managing personal finances effectively.
The bank statement showed unauthorized transactions, prompting the account holder to report fraud to the bank.
John reviewed his bank statement to reconcile his records with his monthly expenses.
Online banking allows customers to access and download their bank statements electronically for convenience and record-keeping purposes.
Businesses use bank statements to monitor cash flow and reconcile accounts payable and receivable.
