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. ”
“ 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. ”
“ 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. ”
