chequing account

/ ˈtʃɛkɪŋ /

noun

1. Also called (in Britain and certain other countries): current account. an account at a bank or building society against which cheques may be drawn at any time

Example Sentences

"Most policymakers think of endowments as a chequing account, a debit card where you can withdraw money and use it for any purpose," said Steven Bloom, the spokesperson for American Council on Education.

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