account value

Definition

The total value of an account. In instances where there are multiple smaller accounts, the total value would be their collective sum; for example, the account value of an individual's banking account could be the sum of the value of their checking account and savings account.

Use account value in a sentence

When Sally deposits her paycheck into her checking account, she always checks to make sure the account value reflects her most recent deposit.

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The couple was pleasantly surprised when their IRA statement came in and they noticed how much the account value had increased over the past year.

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After the penny stock I purchased skyrocketed, I was relieved to see that the account value of my stock holdings had likewise gone up significantly.

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