checking account

American  

noun

1. a bank deposit against which checks can be drawn by the depositor.

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checking account British  

noun

1. the US name for current account

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Etymology

Origin of checking account

An Americanism dating back to 1920–25

Example Sentences

Even a billionaire couldn’t get any interest on a checking account during this period, when the Federal Reserve kept rates near zero following the 2008-09 financial crisis.

From The Wall Street Journal

Filling out the line after “Pay to the order of” with “Verizon” or “American Express” gave the payment a dimension beyond the Monopoly-money world of a few clicks on my checking account.

From The Wall Street Journal

It says those incentives help attract users and give consumers more choices in a world with paltry checking account interest rates.

From The Wall Street Journal

If you have more than you need in your checking account, you’re letting your cash become the financial equivalent of a couch potato.

From MarketWatch

But don’t leave this money hanging around in a checking account for too long.

From MarketWatch

Related Words

• deposit
• savings account