Statement account definition

Statement account means an account which is not a passbook
Statement account means an account which is not a passbook account and for which a financial institution supplies a periodic statement of the account's activity, balance or both, or supplies any other statement of the account as the owner and financial institution may agree.
Statement account and “Account” means an account which Diners Club maintains for You in relation to Charges incurred through the use of an Account Number for Services supplied by Trainline.

Examples of Statement account in a sentence

  • A&P will cooperate with C&S to add (now and in the future) any appropriate or necessary language to the Weekly Statement, account statements, purchase orders, invoices and other documents and to take any other actions (now and in the future) reasonably requested by C&S to ensure that both Parties are in compliance with PACA, and that, with respect to PACA regulated commodities sold hereunder, C&S can preserve its rights to the PACA trust.

  • Changer will not allow the consolidation of a Balance Sheet account with an Income Statement account or a unit account with a posting account.

  • For example, GL Changer will not allow the consolidation of a Balance Sheet account with an Income Statement account.


More Definitions of Statement account

Statement account means a checking, NOW, savings, money market, or other non-passbook Account for which transaction activity is reported to the accountholder on a periodic statement.