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  2. Transaction account - Wikipedia

    en.wikipedia.org/wiki/Transaction_account

    A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share account at credit unions, is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the ...

  3. Personal account - Wikipedia

    en.wikipedia.org/wiki/Personal_account

    A personal account is a bank account for use by an individual for that person's own needs. It is a relative term to differentiate them from those accounts for business or corporate use. It is a relative term to differentiate them from those accounts for business or corporate use.

  4. Deposit account - Wikipedia

    en.wikipedia.org/wiki/Deposit_account

    Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. Transactions on deposit accounts are recorded in a bank's books, and the resulting balance is recorded as a liability of the bank and represents an amount owed by the bank to the customer. In other words, the banker-customer ...

  5. Understanding Current Assets: Definition, Types and ... - AOL

    www.aol.com/finance/understanding-current-assets...

    Understanding current assets can sharpen your personal finances and help you find good investment opportunities. Discover current ratios and how to use them.

  6. Bank account - Wikipedia

    en.wikipedia.org/wiki/Bank_account

    On the other hand, a bank can lend some or all of the money it has on deposit to third parties. Such accounts, generally called loan or credit accounts, are subject to similar but reverse principles of a deposit account. In accounting terms, a loan account is an asset of the bank and a liability of the borrower.

  7. Available Balance vs. Current Balance in a Bank Account ... - AOL

    www.aol.com/available-balance-vs-current-balance...

    The current balance on a credit card account is the total you owe the credit card company. It includes charges you’ve made and interest you owe at that point in time.

  8. What is a savings account? Definition, how it works - AOL

    www.aol.com/finance/savings-account-definition...

    Savings accounts are available mainly at federally-insured banks and credit unions, providing a secure means to store your money while earning a small to moderate amount of interest. Although many ...

  9. Current account - Wikipedia

    en.wikipedia.org/wiki/Current_account

    Current account or Current Account may refer to: Current account (balance of payments), a country's balance of trade, net of factor income and cash transfers; Current account (banking), a checking account, held at a bank or other financial institution; Current account mortgage, a type of flexible mortgage loan