Bankbook: meaning, definitions and examples
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bankbook
[ ˈbæŋkˌbʊk ]
financial record
A bankbook is a book provided by a bank that records financial transactions in an account. It serves as a historical record of deposits, withdrawals, and the current balance. Bankbooks are often used for savings accounts, allowing account holders to track their financial activity.
Synonyms
account book, financial ledger, passbook.
Examples of usage
- I checked my bankbook to see how much money I have saved.
- He updated his bankbook after making a deposit at the bank.
- The bankbook showed a consistent increase in my savings.
- She kept her bankbook safe to avoid losing any financial records.
Translations
Translations of the word "bankbook" in other languages:
🇵🇹 caderneta bancária
🇮🇳 बैंक बुक
🇩🇪 Bankbuch
🇮🇩 buku bank
🇺🇦 банківська книга
🇵🇱 książeczka bankowa
🇯🇵 銀行帳簿
🇫🇷 livre de banque
🇪🇸 libro de banco
🇹🇷 banka defteri
🇰🇷 은행 장부
🇸🇦 دفتر البنك
🇨🇿 bankovní knížka
🇸🇰 banková knižka
🇨🇳 银行存折
🇸🇮 bančna knjižica
🇮🇸 banka bók
🇰🇿 банк кітабы
🇬🇪 ბანკის წიგნი
🇦🇿 bank kitabı
🇲🇽 libro de banco
Etymology
The word 'bankbook' combines 'bank', derived from the Italian word 'banca' meaning bench (where moneylenders used to transact), with 'book', which refers to a physical binding of pages used to record information. The use of bankbooks dates back to the 17th century when banks began to keep records of customer transactions. Originally, they were physical booklets that allowed depositors to track their savings and transactions in a tangible way. Over time, the introduction of electronic banking led to a decrease in the use of physical bankbooks; however, the term persists in modern finance, often referring to digital or electronic statements that perform a similar function.