• Frequency of Use
    15 %
  • Retention Rate
    40 %
  • Complexity
    25 %
  • Bankbook Meanings

    noun a book in which a bank records the depositor's current account transactions

    Fields related to bankbook

    Finance

    A bankbook is a record book provided by banks to their customers, in which the customer's deposits, withdrawals, and account balances are recorded.

    Accounting

    In accounting, a bankbook is used to reconcile a company's bank statement with its own records of transactions.

    Banking

    Bankbooks are used by banks to maintain accurate records of customer accounts and transactions.

    Budgeting

    Bankbooks can be used as a tool for budgeting and monitoring spending habits.

    Personal Finance

    Individuals use bankbooks to keep track of their personal finances, including expenses, income, and savings.

    Digital Banking

    In the context of digital banking, a bankbook may refer to an online or mobile app version of the traditional paper bankbook.

    Occupation Usage of bankbook

    Writer

    A writer may use the term 'bankbook' in a fictional story to describe a character's financial records or transactions.

    Accountant

    An accountant may refer to a physical or digital record of a client's financial transactions as a 'bankbook'.

    Bank Teller

    A bank teller may use the term 'bankbook' to refer to a customer's passbook or statement showing their account balance and transactions.

    Financial Advisor

    A financial advisor may discuss a client's bankbook to review their financial history and make recommendations for managing their finances.

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