meaning of Bank Statement

Bank Statement meaning in Finance Dictionary

A document released by a bank to its clients, listing information on debit and credit deals over confirmed period with a resultant stability of account. These statements are issued to cover a variety of reports including current accounts, loan reports and deposit reports.

Bank Statement meaning in Law Dictionary

When a bank releases a study with acount task and interest obtained. Charges may also be noted on this. The details is legitimate as much as the day the report had been made.

Bank Statement meaning in Business Dictionary

Report released (on a fixed day monthly) by financial institutions that lists deposits, withdrawals, checks compensated, interest received, and service charges or penalties incurred on an account. It reveals the collective aftereffect of these deals the account's stability, to the day the report had been prepared.

Bank Statement meaning in General Dictionary

a periodic statement prepared by a bank for every single customer