account statement

Definition

A record of transactions and their effect on account balances over a specified period of time, for a given account. A bank account statement lists the debits and credits that took place over the relevant time period, while a brokerage account statement lists the long positions and short positions, purchases and sales, and other transactions.

Use account statement in a sentence

I can't remember what we spent that 2,000 dollars on last month, but I can check the account statement and find out.

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While the bank didn't let me see any information at all about my mortgage through the online banking portal, I was able to get an account statement in the mail by calling the support center.

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Every week a business owner should have a report that includes the bills that have come in and bills that have been paid so that they are able to compare it to the weekly account statement.

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