joint account

American  

noun

1. a bank account in the names of two or more persons or parties and subject to withdrawals by each.

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joint account British  

noun

1. a bank account registered in the name of two or more persons, any of whom may make deposits and withdrawals

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Example Sentences

It does not matter whether you pay this money from a joint account or a separate account; the Internal Revenue Service bases these gifts on donor to recipient.

From MarketWatch

Alternatively, couples might resolve to establish “yours,” “mine” and “ours” bank accounts where the joint account is used for monthly expenses with a budget that may or may not include miscellaneous activities.

From MarketWatch

Should we get a joint account?

From MarketWatch

In line with your friends’ suggestion, you each could contribute a portion of your income to one joint account, use that money to pay bills, and still maintain your own personal accounts.

From MarketWatch

Could he have any claim to funds we give her that have been wired to a joint account held by her and her new partner?

From MarketWatch