What does account statement mean?

account statement meaning in Law Dictionary

The summary of deals on a free account with a person over the past time frame. AKA statement of account and lender statement.

account statement meaning in Business Dictionary

1. General: Summary of all of the deals with a customer or a provider that occurred throughout the earlier thirty days, quarter, etc., and their effect on an open-account balance. Also called a statement of account. 2. Banking: alternate term for lender declaration.

account statement meaning in General Dictionary

a statement of current deals therefore the ensuing balance